New Record Electricity Prices In France And Germany

Fresh record high prices for 🇩🇪 and 🇫🇷 electricity:

German 1-year forward: €725 per MWh
French 1-year forward: €870 per MWh

The 2010-2020 average was around €41 per MWh

Russian energy weapon; French nuclear crisis; low wind production. Drought-hit hydro. #EnergyCrisis

— Javier Blas (@JavierBlas) August 25, 2022

WNU Editor: Europeans better pray for a warm winter.