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German weekly power contract hits 4-month high on heat

Power

05 Jul 2022 12:21

Berlin

05 Jul 2022 12:21

(Montek) German power contracts close to delivery rose on the back of predictions of high temperatures in the coming weeks – with the front-week contract hitting a four-month high – set to increase demand for cooling.

The front-week contract was last seen up EUR 10 at EUR 300/MWh, aft...…

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