Germany’s Power Prices Rise as Market Tightens ...Middle East

OILPRICE - Economy
Germany’s Power Prices Rise as Market Tightens
source : OILPRICE ( Middle East ) () 60
Germany’s power margin, the available electricity supply to meet demand, is set to drop this week to the lowest level so far this winter, as low wind speeds and colder weather are straining the power system, according to models compiled by Bloomberg. This week, wind speeds in Germany have dipped again, while colder-than-usual temperatures have settled over much of northwest Europe. Since early November, the so-called ‘Dunkelflaute’, German for “dark wind lull”, have often resulted in wind farms in Europe’s biggest…

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