Investing.com -- Germany is experiencing a surge in electricity prices, reaching record levels for the month of February, due to a decrease in wind power generation. This comes at a time when energy costs are a significant concern for both voters and industries in Europe's largest economy.

The cost of power this month has surpassed any other February in recorded history, even exceeding the prices during the energy crises of 2022 and 2023. This information is based on day-ahead figures provided by Epex Spot SE. The current situation is a result of a slump in wind power generation, which has led to an increase in electricity costs.

Germany's energy sector is currently facing challenges due to the decline in wind power generation. It's noteworthy that the country's electricity prices are now at an all-time high for the month of February. This scenario adds to the ongoing concerns of voters and industries regarding energy costs in Germany, which is the largest economy in Europe.

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