Spanish power prices have tumbled in February to a fraction of the price in neighboring France as record wind and solar power generation in Spain has triggered an extreme slump in prices. Day-ahead electricity prices for Thursday settled at just $5.20 (4.80 euros) per megawatt-hour (MWh) in Spain, compared to as much as $68.86 (63.59 euros) per MWh for France, according to data compiled by Bloomberg. France relies mostly on its vast domestic nuclear power generation for most of its electricity needs and is typically a net exporter of electricity…
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