• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
Quilla NewsFinance & Technology
ENES

Wholesale power prices rise 13.7% in October and pressure Ibex utilities

FinanceInternationalmerca2.es15 s readAI summary
Image: merca2.es

Wholesale electricity prices jumped 13.7% in October, reaching 147.75 euros per megawatt hour in the German one-year future. According to the report, the move decouples from European generators and pressures Ibex utilities, while the backwardated curve and interest rates weigh on these companies.

Read the full story at merca2.es

IASummary generated by artificial intelligence from a story by merca2.es. It may contain errors: the original source prevails.

More flashes