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German Power Climbs to Record as Plants Start to Buckle in Heat

  • Aug 5, 2022
  • 222 views
Source: 
Financial Post
(Bloomberg) — German power prices rose to a record as utilities are increasingly reducing electricity output in western Europe because of the hot weather. Advertisement The next-year contract in Europe’s biggest market rose as much as 2% after Switzerland’s Axpo Holding AG announced curbs at one of its nuclear plants. Electricite de France SA is also reducing nuclear output because of cooling ...
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