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Helping you make sense of the energy and water sectors

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Life is a rollercoaster – wholesale power prices across the pandemic

Sam Peek Analyst

Last year created unprecedented changes to every life for billions around the world with the arrival of COVID-19. The energy industry experienced significant turmoil when the virus first took hold back in March of last year. This upheaval laid the foundations of what was set to be a notably turbulent year for wholesale prices. But, what actually happened? From the initial shock of the virus, we observed a unilateral crash in prices across most commodity markets, with nationwide lockdowns sending ...

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