German 2027 power contract hits another three-year high amid gas worries
Germany’s 2027 energy contract rose again to a three-year high on growing winter gas-shortage concerns, while French and German spot power contracts climbed as wind power generation fell.
The German 2027 energy contract reached another three-year high on Wednesday as concern over a possible winter gas shortage increased. French and German spot contracts also rose sharply as wind power generation fell. 8591 euros