Commodities
French-German Power Spread Heads for Biggest Gain Since March
A high-voltage warning sign on an electricity pylon in Berlin.
Photographer: Krisztian Bocsi/BloombergThe spread between French and German power prices rose the most since March this week, as concerns over nuclear outages fade and gas advances.
French month-ahead prices dropped 4.3% as the heat waves that stressed the country’s reactor fleet this summer gave way to cooler weather. The German equivalent has risen 6.6%, tracking gas and carbon prices higher as optimism wanes over US President Donald Trump’s efforts to end Russia’s war in Ukraine.