Power costs in Germany hit historic highs

Aug 26th 2022 7:04am EDT

Benchmark electricity prices have soared by more than 860% in the last year, according to Bloomberg German benchmark power prices for next year soared above €800 per megawatt hour on Friday, nearly 10 times higher than the same period last year, Bloomberg reports. Prices gained as much as 7.6% on Friday to reach €805.15 per […]

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