German Power Hits Year’s Biggest Gap Over France on Wind Lull
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The spread between power prices in Europe’s two biggest electricity markets climbed to the highest so far this year amid scant wind generation in Germany.
German day-ahead power for Thursday rose 4.3%, pushing the premium over its French counterpart to the widest since December. The growing disparity highlights the ongoing volatility gripping Germany’s energy system, which is increasingly reliant on renewables — sources that are dependent on weather.