European Energy Prices Spike On Cold Weather And Nuclear Power Woes

Electricity and natural gas prices in Europe jumped on Wednesday amid a cold spell in northwest Europe that could be prolonged and renewed concerns about nuclear power generation in France.     The European benchmark gas price at the TTF hub rose by 1.7% to $46.50 (44.13 euros) per megawatt-hour (MWh) by 11:45 a.m. in Amsterdam, and British wholesale prices also rose. Natural gas prices were up for a second consecutive day, due to cold weather in the UK and parts of northwestern Europe, as well as fresh concerns about corrosion at…