By Jesper Starn, Bloomberg Record-low coal prices and increased wind and solar generation that pushed European power prices to their lowest in a decade may cause further declines in 2016. Average day-ahead electricity prices in Germany, Europe’s biggest market, fell 3.3 percent to 31.68 euros ($34.62) per MWh in 2015, the least since 2004 on the Epex […]
from THE GREEN ENERGY BLOG http://thegreenenergyblog.com/uncategorized/coal-glut-renewables-make-eu-power-cheapest-in-decade
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