Power & Renewables

Europe & Russia July 2019

Regional analysis & forecasts
Europe & Russia

German month-ahead baseload power prices were around €7-8/MWh lower in late June than at the same time last year, but the forecast hot weather looks set to support prices. Parts of Germany experienced very hot weather last week, with temperatures hitting 38C in Berlin. Heatwaves increase electricity demand for air conditioning and may force nuclear plants to shut down because of cooling issues. Output from several German and French nuclear plants was reduced during last summer’s heatwave as hot water from the reactors could not...