Wind Calms, Heating Demand Rises
Power production by the German wind farms has been up a good amount over the past 3 days peaking at more than 14,000 megawatts on the 20th. Over the next 48-72 hours the winds will begin to calm decreasing energy output and giving coal prices a boost.
As the winds calm in Germany, temperatures across the continent will cool. High temperatures will start in the double digits in much of France and Germany Monday but will drop into the low single digits in France and below zero in Eastern Europe. High heating demand along with the calm winds should give coal prices a big boost during the holiday week.
Tags: Cold, Germany, wind energy output