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Heat Scorches Europe as Southern Spain Temperature to Reach 45C This Month

(Bloomberg) Heat will persist across northern and western Europe in the coming weeks, with extreme temperatures on the Iberian peninsula by the end of June. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files for BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesArm Courts Intel as Anchor Investor in Upcoming IPOPutin’s Economic Forum Puts Russia’s Isolation on DisplayThe mercury in Se

European Energy Exchange sees huge growth in Japanese power futures trade this year

Volatility in electricity prices spiked in 2022 following Russia's invasion of Ukraine, delivering a "wake up call" on the need for hedging.

European Energy Exchange sees huge growth in Japanese power futures trade this year

TOKYO : Trading volume in Japanese power futures on the European Energy Exchange could double or triple this year, as more utilities, consumers and financial traders are eager to use it for hedging after the energy crisis last year, an EEX executive said. Volatility in electricity prices spiked in 2022 fo

Natural gas prices in GET Baltic on the way to normal range

The Baltic and Finnish natural gas price index BGSI fell below the EUR 30/MWh threshold at the end of May, with the monthly BGSI reaching EUR 37.20/MWh. This is the first time that gas prices have been this low since the start of the energy crisis, reports natural gas exchange operator GET Baltic.

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