(Bloomberg) -- German electricity for delivery next
year fell to the lowest in more than 12 weeks as a reduction in
carbon-emission permit prices cut the cost of power generation at
plants that burn fossil fuels.
Next-year baseload power prices in Germany, Europe's biggest
electricity market, dropped as much as 0.2 percent to 54.60 euros
($75.30) a megawatt-hour, according to broker GFI Group Inc. The
contract was unchanged from yesterday at 54.70 euros a megawatt-
hour at 9:45 a.m. Berlin time. That's the lowest since April 24.
Baseload refers to electricity delivered around the clock.
Read more at Bloomberg Energy News
year fell to the lowest in more than 12 weeks as a reduction in
carbon-emission permit prices cut the cost of power generation at
plants that burn fossil fuels.
Next-year baseload power prices in Germany, Europe's biggest
electricity market, dropped as much as 0.2 percent to 54.60 euros
($75.30) a megawatt-hour, according to broker GFI Group Inc. The
contract was unchanged from yesterday at 54.70 euros a megawatt-
hour at 9:45 a.m. Berlin time. That's the lowest since April 24.
Baseload refers to electricity delivered around the clock.
Read more at Bloomberg Energy News
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