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Germany - Electricity prices for industry increased, gas prices have fallen

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    An in German Energy news this bodes well for high efficiency gas electricity generators....

    Translated Link:
    http://www.schornsteinfeger-jensnagel.de/Energienachrichten/Strompreise-fuer-die-Industrie-gestiegen-Gaspreise-gefallen.html,1293

    Energy News
    11/7/2014

    Electricity prices for industry increased, gas prices have fallen

    For the first time since July, electricity prices for industry have risen again.

    The average prices are according to current ISPEX-energy price index up in October to 0.25 cents per kilowatt hour than in the previous month. The price index for gas on the other hand fell by 0.13 cents per kilowatt hour, which is at its lowest level since 2011th.

    Current price remains below four cents per kilowatt hour
    As early as July, the purchase price for electricity now also followed in October the stock market prices. The energy price index for the purchase of electricity, the average of the best deals of all suppliers bidding, gave a value of 3.97 cents per kilowatt hour in October. He remains in spite of the slight increase below a value of four cents per kilowatt hour, he had just recently exceeded in August.

    Gas Price Index is at its lowest level since 2011
    Unlike in previous years, the political uncertainty in the Middle East on **promotion blocked**s did not lead to higher oil prices, which often also gas prices could rise. These market developments have an impact on the procurement prices for companies. The rights enshrined in ISPEX-energy price index achieved average prices fell in October of last 2.67 to 2.53 cents per kilowatt hour. This is the lowest level since the initial calculation of the energy price index for the year 2011. The price level is therefore significantly lower than at the beginning of the year, when prices were around 2.8 cents per kilowatt hour.
 
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