Mild, Sunny Start to Winter Set to Curb European Energy Demand

  • October will be normal or warmer than usual, forecasters say
  • Clear skies are set to increase solar power generation
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A mild, sunny start to the winter may see Europeans delay switching on their heating, further damping the lowest power and natural gas prices this decade.

Temperatures will be above normal levels in October, according to five of eight meteorologists surveyed by Bloomberg News, with another two expecting near-average levels. That will reduce demand for power and gas as the six-month winter heating season officially starts today.