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German front-year power slides near EUR 1 on "summer slump"

Power

22 Jul 2021 12:35

Isaac Bah

Berlin

22 Jul 2021 12:35

(Montel) Germany’s benchmark front-year power contract fell around EUR 1 on Thursday as carbon declined and amid thin trading volumes due to the typical “summer slump”.

The Cal 22 last traded down EUR 0.80 at EUR 70.20/MWh after matchin...…

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