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MarketsEuropean Energy Prices Jump as Colder Weather to Boost DemandPower, natural gas and carbon contracts surge on MondaySupply concerns are mounting if it’s a cold winter in EuropeU.K. Power Prices Surge as Winter LoomsByRachel Morison and Vanessa Dezem+FollowNovember 29, 2021, 7:47 AM UTCUpdated onNovember 29, 2021, 1:19 PM UTCWant the lowdown on European markets? In your inbox before the open, every day. Sign up here.Energy prices in Europe surged on Monday after weather forecasts showed colder temperatures for the next two weeks that will lift demand for heating.