German, French Front-Month Power Jumps as Cold Weather Forecast
Snowfall in Frankfurt, Germany.
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German and French power prices for February spiked with some weather models forecasting colder weather for that period.
German front-month future rose by 5.5% to €112.9 per megawatt-hour, while the French equivalent jumped by 5.2% to €102.3 per megawatt-hour, according to data from EEX.