Wednesday, May 23, 2007

U.K. Month-Ahead Electricty Price Climbs as Cost of Natural Gas Increases

(Bloomberg) -- U.K. electricity for delivery next
month increased as the cost of natural gas rose and the day-
ahead power price gained.

Baseload power for June advanced 1.9 percent to 24.25
pounds ($47.83) a megawatt-hour, according to prices on
Bloomberg from the energy broker GFI Group Inc. Baseload
electricity is delivered around the clock.


Read more at Bloomberg Energy News

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