Friday, April 13, 2007

U.K. Power Rises as French Prices Gain; Spare Generation Capacity May Fall

(Bloomberg) -- U.K. electricity for delivery on the next working day increased on forecasts that spare power generation capacity may diminish, and as corresponding French prices rose.

U.K. working day-ahead power gained 2 percent to 20.05 pounds ($39.80) a megawatt hour, according to price information on Bloomberg from the energy broker Spectron Group Plc. Electricity for delivery today last traded at 19.65 pounds a megawatt hour yesterday. The average price for working-day power this week was 20.16 pounds a megawatt hour.


Read more at Bloomberg Energy News

No comments: