German Power Prices Expected to Remain Elevated Amid Strong Gas Market Connections

German power prices are projected to remain elevated with analysts indicating a significant correlation between electricity costs and gas prices. As Europe continues to navigate the ongoing energy crisis exacerbated by geopolitical tensions and supply chain challenges, the interplay of these markets has become more pronounced. In recent trades, the electricity futures for Germany reflected a consistent trend that points to sustained high prices in the near future.

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