Electricity 200% more expensive than a year ago, but futures predict sharp decline in spring

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Electricity 200% more expensive than a year ago, but futures predict sharp decline in spring

The Corner Grupo ASE | The upward trend in electricity prices began last summer. This is mainly due to the rising costs of gas and CO2 emissions. However, analysts at Grupo ASE describe the increase recorded so far in February, of nearly 200% year-on-year, as extraordinary and point to wind energy, which has been well below its historical averages. They explain that the growth of renewables means that weather conditions increasingly impact...