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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose Energy correspondent

Europe’s heatwave drives electricity prices to new highs as demand soars

A dog walker stands with six dogs on leashes in water spray from a fountain
A dog walker treats her canines to a cooling mist fountain in Paris on Tuesday. Photograph: Dimitar Dilkoff/Getty

The heatwave has prompted a sharp rise in electricity prices across European markets as millions turn to air conditioners and electric fans to battle record high temperatures, which have also caused a string of power plant outages across the continent.

Great Britain imported electricity from Europe at more than six times the normal price on Tuesday as the high-pressure heat dome has slowed wind speeds, hitting renewable energy generation, and led to outages at multiple gas plants across the country.

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