"It’s going to be a cold dark winter in Europe
Germany's one-year forward caseload power price jumped over €400 per kWh--a new record. The current price is around 1,000% higher than the €41.1 per kWh between 2010 and 2022. French prices are up to €437.5."
Whoever wrote that story has obviously mixed up kWh and MWh.
It would be impossible to have prices at €400 per kWh, although it would hardly be surprising.
Ann: 30 June 2022 Quarterly Market Update, page-16
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