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Despite positive signs, the price of natural gas remains high, causing bullish price movement in the electricity market. (Image: Wolfi30 - Fotolia)
Dortmund (energate) - The persistent heat is driving electricity demand up and European river levels down. Uniper and Preussen Elektra are already warning of coal shortages for the operation of the Staudinger 5 and Datteln 4 power plants due to the low Rhine levels until September. As a result, the spot market clearly exceeded the 400 euro mark twice during the week. At the long end, the front year 2023 also cracked the all-time high.
In short-term trading, spot prices co ...
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