Low Hydropower Stocks in Europe Threaten High Prices for Months

Repeated heat waves and droughts this summer have put Europe’s power system on high alert, with shrinking hydro reserves in key markets threatening to drive electricity prices higher later in...

By William Mathis and Eva Brendel · Bloomberg Markets

Repeated heat waves and droughts this summer have put Europe’s power system on high alert, with shrinking hydro reserves in key markets threatening to drive electricity prices higher later in the year.