MARKETS

Gas hike, weather, breaks streak of declining power prices in Europe: Rystad

Europe's power markets are enjoying a lull as warmer weather reduces demand and prices. But in the east, the energy crisis takes on a new dimension as Ukraine's electricity sector is knocked by Russian attacks on key infrastructure, Rystad Energy said yesterday in its weekly power market note.

Tim Daiss

Gas hike, weather, breaks streak of declining power prices in Europe: Rystad

October was the first test month for Europe heading into winter, Rystad said, and it passed as generation was down 10.3% compared to last year on the back of reduced demand and imports of gas continue...

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