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German power hits 16-month low as squeeze fears vanish

Kraft

24 Jan 2023 13:52

Berlin

24 Jan 2023 13:52

(Montel) German front-month power power fell to its lowest level in nearly 16 months on Tuesday amid forecasts for mild weather, which also dampened the main driver – gas prices – as supply squeeze fears this winter were vanishing.

The front month was last seen down EUR 5.24  at EUR 132.25/MWh, aft...…

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