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European power prices rally on reactor outages, coal gains

With Andreas Franke, Managing Editor, European Power Daily

October 13, 2016 10:42:13 EST (3:21)

European power prices have recovered strongly from record lows earlier this year, with German and French year-ahead power up by more than 50% over the last six months. Andreas Franke explains how concerns about a possible winter supply crunch amid extended nuclear reactor outages in France saw spot prices spike with a sharp rebound for global coal and EUA carbon allowances also lifting the German power curve.

Increased cross-border demand from France is putting Germany on track to become Europe's biggest exporter of electricity this year with Germany's installed wind capacity approaching 50 GW this winter.

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European Power Daily

European Power Daily's uniquely comprehensive package of news and pricing information, provides you with daily updates on new policies, projects, power deals, acquisitions, solicitations, alliances, regulatory decisions and evolving trading markets in Europe. It also produces market assessments from the UK, Germany, Switzerland, France, The Netherlands, Belgium, Spain and the Czech Republic.

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