French and German electricity prices jumped after Electricite de France SA revised down the production forecast for its nuclear fleet that’s vital to keep the lights on in Europe. The world’s biggest producer of nuclear power reduced its estimate by about 8% after finding defects at some reactors.
The German February contract rose as much as 22% to 235.50 euros ($269.29) a megawatt-hour, while the contract for the next quarter climbed as much as 23% to 183 euros on European Energy Exchange AG. French power for February surged as much as 27%. The contract April to June delivery traded as high as 191 euros, a 24% gain.
Ann: Media Release Sarawak Higher Q3 21 Production, page-424
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Last
51.5¢ |
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Mkt cap ! $394.6M | |||
| Open | High | Low | Value | Volume |
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Change
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| Open | High | Low | Volume | ||
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