An incoming heatwave across Western Europe is expected to lift electricity demand sharply and tighten power system conditions, with temperatures approaching 40 C in several countries and spot prices forecast to spike across multiple markets.

An incoming heatwave across Western Europe is expected to lift electricity demand sharply and tighten power system conditions, with temperatures approaching 40 C in several…

(Bloomberg) -- Western Europe’s heat wave is forecast to intensify this weekend, putting France on track for record temperatures and testing power grids as demand for air…