German Watchdogs Find No Sign of Power-Price Spike Market Abuse

The German grid regulator and antitrust office have concluded that there is no evidence of market abuse in relation to the power price spikes that occurred last winter. The price increases coincided with capacity curbs, but the authorities found no indication of manipulative practices by market participants. While some investigations are still ongoing, the initial findings suggest that the price fluctuations were primarily driven by legitimate market dynamics rather than any intentional efforts to manipulate the market. The report provides some reassurance that the power market in Germany is functioning appropriately, despite the challenges posed by the capacity constraints experienced during the period in question.
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