German Power Prices Plunge on Record Wind Forecast Later in Week

  • Wind generation forecast to surge close to 50GW on Thursday
  • U.K. also poised to get highest ever wind output later in week

Wind turbines operate near Hamburg.

Photographer: Krisztian Bocsi/bloomberg

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A gust of very windy weather in Germany toward the end of the week sent prices to their lowest level for a working day since the end of July.