The energy crisis in Germany risks becoming more severe in the coming days as wind power generation will dip amid low wind speeds this week, according to a Bloomberg weather model . Wind power generation is set to be lower than usual through the first week of July, posing yet another challenge to power generation in Europe’s biggest economy, which is already suffering from a decline in natural gas deliveries from Russia via the Nord Stream pipeline. The forecast of still weather for the next week sent German day-ahead power prices rising by over 3 percent on Wednesday to nearly reach the highest level since March, according to Bloomberg’s estimates. Germany, which relied on Russian gas for 40 percent of its gas consumption before the war in Ukraine, is now scrambling for solutions after Moscow slashed supply to major EU consumers, including Germany and Italy, citing “technical reasons.” Germany […]