⚡️🔺German Base Load Power Price Rises 70.4% On The Week

• Germany base load power 1-year forward contract jumped 70.4% on the week to EUR 980/MWh, this marked the 6th consecutive week of increases in the contract

• The French equivalent rose 54.1% on the week to EUR 1,125/MWh, a record high in the contract.

• At this time last year, both contracts were quoted under EUR 90/Mwh, this is a +1000% rise