An Electricity Pylon Stands in Emsland

An Electricity Pylon Stands in Emsland

Krisztian Bocsi/Bloomberg

German power prices have fallen for three years, the longest decline since at least 2002. Electricity for next year, a benchmark contract in Europe, dropped as much as 1.1 percent to 34.60 euros a megawatt-hour on European Energy Exchange AG, the lowest for nine years.