German and French spot power contracts rise on lower wind generation
German baseload spot contract rose 36.7% to €190/MWh; French spot up 32.8% to €194.50/MWh as wind output fell.
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German baseload spot contract rose 36.7% to €190/MWh; French spot up 32.8% to €194.50/MWh as wind output fell.
PARIS, Sept 24 (Reuters) — European spot prices rose on Thursday as German wind power supply was expected to plummet on Friday. The German day-ahead baseload contract rose 37.3% to €184 per megawatt-hour at 0731 GMT, LSEG data showed. The equivalent French contract rose 5% to €157.50/MWh, according to LSEG data. German