Friday, June 29, 2007

German Electricity Prices Gain; Vattenfall Reactors in Germany Are Halted

(Bloomberg) -- German power prices for near-term
delivery rose after two German nuclear power plants were halted
yesterday afternoon, reducing supplies in Europe's biggest power
market. No time frame as been given for their restart.

Vattenfall AB's Kruemmel nuclear plant near Hamburg in
northwest Germany was closed down after a fire broke out in a
power transformer. Its Brunsbuettel reactor, also in the
northwest, was shut because of short circuits in the power grid.


Read more at Bloomberg Energy News

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