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European Power Prices Surge to a 20-Month High

OilPrice.com Wednesday, 20 November 2024 ()
As Europe is bracing for the winter, wholesale electricity prices have jumped in November to the highest level in 20 months, additionally burdening the key industries in major economies that had just started to recover from the 2022 energy crisis. Average wholesale base power prices in Germany, France, the Netherlands, Spain, and Poland have soared to their highest levels in at least 20 months so far this month, per power market data by LSEG, cited by Reuters columnist Gavin Maguire. Prices in Italy, Europe’s third-largest economy after Germany…
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News video: BYD SEALION 7 Driving in the city

BYD SEALION 7 Driving in the city 01:55

BYD, the world leader in plug-in and battery-electric vehicles, is launching the BYD SEALION 7 in Europe. This new model combines sports car performance, an elegant SUV design, cutting-edge electric propulsion technology, a spacious cabin with high-quality finishes, a smarter interface and the safety...

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