EU Power Set for Biggest Gain in 10 Months on Sanctions
By Marek Strzelecki, Jesper Starn and Julia Mengewein Jul 31, 2014 8:37 AM PT European power prices for next year are headed for the biggest monthly gains since September amid concern sanctions against Russia will boost the cost of coal and gas, raising production costs at utilities. The German 2015 contract, Europe’s benchmark, climbed 2.8 percent in July, […]