(Bloomberg) -- German power prices for next year fell after European Union carbon dioxide allowance contracts declined, reducing the costs of burning fossil fuels such as coal.
Power for 2008 delivery in Germany, Europe's biggest market, fell for a second day, declining 0.3 percent, or 15 cents, to 54.20 euros ($73.44) a megawatt-hour, according to prices from broker GFI published on Bloomberg at 10:23 a.m. Berlin time.
Read more at Bloomberg Energy News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment