(Bloomberg) -- German and Dutch day-ahead
electricity fell as forecasts showed temperatures will be below
average tomorrow and production from wind turbines will remain
higher than normal. Next-year power prices also declined,
tracking lower emissions costs.
Electricity for tomorrow in Germany, Europe's biggest power
market, dropped 16 percent to 27 euros ($37.30) a megawatt-hour
at 11:24 a.m. Berlin time, according to broker Spectron Group
Plc. The corresponding price in the Netherlands declined 13
percent to 29.50 euros a megawatt-hour.
Read more at Bloomberg Energy News
electricity fell as forecasts showed temperatures will be below
average tomorrow and production from wind turbines will remain
higher than normal. Next-year power prices also declined,
tracking lower emissions costs.
Electricity for tomorrow in Germany, Europe's biggest power
market, dropped 16 percent to 27 euros ($37.30) a megawatt-hour
at 11:24 a.m. Berlin time, according to broker Spectron Group
Plc. The corresponding price in the Netherlands declined 13
percent to 29.50 euros a megawatt-hour.
Read more at Bloomberg Energy News
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