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Record Winds Cause Energy Prices to Fall in Europe

2014-01-09 21:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Environmental News Network: Electricity prices across Europe dropped last month as mild temperatures, strong winds and stormy weather produced wind power records in Germany, France and the UK, according to data released by Platts. The Platts Continental Power Index (CONTI) fell 0.4% in December 2013 to 46.80 per Megawatt hour (/MWh) compared to the November 2013 rate of 47.00/MWh, when calmer winds and colder temperatures suppressed wind power and boosted electricity prices. Year-over-year the index was up 8.8%. The price...

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