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Wind remains Germany's single biggest source of power for second month

London — Wind remained the single biggest source of power in Germany for a secondmonth in a row in January, sharply reducing coal and gas plant running hoursso far this winter, grid operator data aggregated by Fraunhofer ISE show.

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* Jan wind up 84% on year at 14.7 TWh, just below Dec record

* Wind averaged record 20 GW for Dec/Jan period

* Total renewable output at record 22.8 TWh in Jan

All renewable power sources generated a record 22.8 TWh of electricityin January, mainly driven by new wind records and hydro output more thandoubling from a year ago amid unusually wet and windy weather conditions.

Wind turbines generated 14.7 TWh, up 84% from January last year and justmarginally below December's all-time high, the data shows.

Wind averaged just below 20 GW throughout the December/January period,the highest level ever recorded, with hourly wind output rising above 40 GWfor the first time and a new daily output record on January 3, the data shows.

This saw power prices fall 42% compared to a very cold and calm January2017 with the day-ahead monthly average below Eur30/MWh, according to S&PGlobal Platts pricing data.

Installed wind capacity (on- and offshore) in Germany has risen above 56GW by end of 2017 with a record 6.5 GW of new turbine capacity added lastyear, according to the latest data.

--Andreas Franke, andreas.franke@spglobal.com

--Edited by Alisdair Bowles, alisdair.bowles@spglobal.com