Nordic power prices on the Nord Pool exchange hit record highs on Sunday as cold weather, low renewables output and high gas prices continue to push up the cost of electricity in Europe. The Nordic system price for day-ahead power rose to a record high of 246.86 euros per megawatt, Nord Pool data showed, up from a previous high of 186.16 euros on Sunday, while French and German prices were near recent highs. Although Nord Pool said a calculation error meant it had to correct the key reference price for recent weeks, Monday’s level still exceeds any old records, the new exchange data showed. A low availability of French nuclear output has also impacted Europe’s […]