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German power soars to EUR 4,000 on outages, low wind

PowerRemit

16 Sept 2020 08:57

Photo: Pexels

Photo: Pexels

Oslo

16 Sept 2020 08:57

(Montel) German intraday power prices on Tuesday skyrocketed to the highest price on the exchange since 13 July 2019 – at EUR 3,999.99/MWh – amid a combination of strong demand, poor conventional plant availability and a lack of wind. 

The high was reached at 18:45-19:00 CET, after prices soared throug...…

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