Thursday, June 14, 2007

U.K. Next-Day Power Declines as Spare Generation Gains, Natural Gas Drops

(Bloomberg) -- U.K. power for delivery on the next
working day fell as the expected volume of spare generation
capacity gained and natural-gas costs dropped.

Day-ahead baseload electricity for delivery in the U.K.
declined 20 percent to 22.25 pounds ($43.82) a megawatt-hour,
according to prices on Bloomberg from the energy broker GFI
Group Inc. Baseload power is delivered round the clock.


Read more at Bloomberg Energy News

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