Europe Heat Wave Strains Power Supply, Sends Prices Soaring
Europe’s electricity system is under mounting pressure from an intense heat wave, with extreme swings in power prices as soaring temperatures drive up demand and curb output.
By Eva Brendel, Francois de Beaupuy · Bloomberg Markets
Europe’s electricity system is under mounting pressure from an intense heat wave, with extreme swings in power prices as soaring temperatures drive up demand and curb output.