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Soaring Gas Costs Squeeze Out Europe’s Negative Power Prices

· bloomberg.com · popularity 44/100 · 0 similar stories today

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Summary

German and British wind farms generated unusually large amounts of electricity in October. Yet something that has become increasingly familiar during periods of abundant renewable power was almost entirely absent: negative prices.

Found in: Bloomberg, Bloomberg Markets. Rating basis: single outlet; outlet tier 5; 2 feeds; listed 2 times; feed position 17.