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German Wind Power Hits Record as Storms Batter North Europe

From bnnbloomberg.ca

German wind power output reached a record high on Thursday as a storm covering northern Europe boosts generation across the region. Production from the thousands of turbines in the nation reached 50,869 megawatts at 8 a.m. Berlin time, according to European Energy Exchange data. That eclipsed the previous peak of 50,802 megawatts set in January. Output in the UK and the Nordic nations also surged. German weather service DWD on Thursday warned of dangerous hurricane-like gusts, particularly at sea and in mountainous areas. Wind speeds may reach as much as 100 kilometers (62 miles) per hour as a low-pressure system ... (full story)

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  • Category: Fundamental Analysis