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German front-year power soars to 9.5-year high on CO2, gas

GasCO2PowerWeather

06 Apr 2021 10:02

Photo: Shutterstock.com

Photo: Shutterstock.com

Frankfurt

06 Apr 2021 10:02

(Montel) German front-year power, the European benchmark, hit a 9.5-year high on Tuesday, driven by higher carbon and gas prices – which hit a multi-month high – amid a cool weather outlook.

The Cal 22 rose as high as EUR 57.80/MW earlier, the highest price ...…

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