New Kid on Europe's Power Block Turning Into Giant Killer
- German-only future expected to be new electricity benchmark
- Shared benchmark losing relevance in post-2018 market
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Time may soon be up for Europe’s most influential power price.
For 15 years, futures based on Germany and Austria’s shared electricity market have dominated power trading and anchored wholesale energy rates across Europe. With the joint price area due to end next year, a successor is emerging.