Renewables Cushion Europe’s Power Prices From Iran Shock

Power generated from fossil fuels in Germany rose to its highest level in almost nine months as cold weather and weak wind levels strained supply. The weather-driven drop in renewable output underscores the grid's vulnerability and could exert near-term upward pressure on power prices and emissions.

Analysis

Power generated from fossil fuels in Germany rose to its highest level in almost nine months as cold weather and weak wind levels strained supply. The weather-driven drop in renewable output underscores the grid's vulnerability and could exert near-term upward pressure on power prices and emissions.