Energy prices fall in Europe as record winds bring cheap power
Record Winds Cause Energy Prices to Fall in Europe
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%.
http://www.enn.com/business/article/46873
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