Germany’s Gas Use and Power Prices Jump Amid Weak Wind Generation ...Middle East

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Germany’s Gas Use and Power Prices Jump Amid Weak Wind Generation
source : OILPRICE ( Middle East ) () 81
Intraday power prices in Germany jumped and natural gas-fired electricity generation rose to a two-year high this week as low wind speeds continue to depress wind power output. Natural gas use for power generation rose on Wednesday to its highest level since December 2022, as a wider power supply gap had to be filled by fossil fuels amid very weak wind power generation. Intraday power prices have jumped for the peak Wednesday hours, according to EEX data cited by Bloomberg. Germany’s power margin, the available electricity supply to meet…

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