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Energy Latest: UK Power Stations Cash in Amid Tight Supplies
Freezing conditions will remain across Northern Europe through the week.
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Europe has been gripped by sub-zero temperatures in recent days, sending UK electricity prices to record levels and testing the limit of some countries’ power supplies.
The UK is braced for a short-term crunch on Monday evening as freezing temperatures drive demand higher just as low wind reduces supplies. Earlier, National Grid asked two coal units being kept in a reserve to be ready to generate this evening if needed. It later canceled this request.