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Engie increases 2021 hedging volume to 93% at EUR 47/MWh

GasPowerRenewablesLNG

30 Jul 2021 08:36

Photo: Shutterstock.com

Photo: Shutterstock.com

Paris

30 Jul 2021 08:36

(Montel) Engie had hedged 93% of its expected 2021 European nuclear and hydropower production at EUR 47/MWh by the end of June, up three percentage points and EUR 1 from the first quarter of the year, the French utility said on Friday.

The firm had hedged 64% of its 2022 output at an average price of E...…

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