Europe’s Benchmark Power Price Breaks 1,000 Euros for First Time – Bloomberg

The move comes after a chaotic Friday when prices in Germany and France surged more than 25% as Russia constricts the supply of natural gas. France is also suffering from a slump in nuclear power generation.

The equivalent French contract surged above the 1,000-euro level on Friday. 

Europe’s Benchmark Power Price Breaks 1,000 Euros for First Time – Bloomberg