[ad_1]
Article content
.
Article content
The future of power before the French year is a megawatt-hour. 65.47 (68.40) at least, according to data of European energy exchange, less than three years. The future of German power has fallen by 14% from the peak of last week.
Article content
Prices have risen recently due to concerns about gas storage levels, but the possibility of a ceasefire in Ukraine will eventually repay some Russian gas supply to Europe, and now the future is pushing in the opposite direction.
The French equal premium of German power contracts has been significantly reduced since it reached a record earlier this month. This reflects the fact that Germany’s Pasolot generation relies on gas burning plants than France, which has a considerable nuclear fleet.
Since the invasion of Russia’s 2022 Ukraine provoked an energy crisis, European countries have been working hard to reduce their electricity costs by cutting off gas costs. Creating renewable things is a way to do it.
However, the price of gas is still a major factor in fixing prices, and the recent sharp market moves show how important the fuel is to Europe’s energy balance. Germany still relied on the gas after 2023 closed its last nuclear plant.
The contract was traded until the German year this morning.
(Updates throughout the French year-prejudice deal with details)
Share this article on your social network
[ad_2]
Source link
