
Electricity prices in Europe fall 25 % since New Year
Forward prices for electricity one month in advance have declined in Germany 27 % since the New Year, from $282 to $206 per megawatt hour (MWh) and dipped 25 % in Great Britain (from $352 to $262 per MWh), according to data from Bloomberg. But they are several times higher than levels of a year ago, when they stood at just over $60 per MWh.