Tuesday, July 3, 2007

U.K. Power Drops on Lower Natural Gas Prices, Cheaper French Electricity

(Bloomberg) -- U.K. power for delivery a day ahead
declined as the cost of natural gas and French electricity fell.

Day-ahead baseload power for delivery in the U.K. dropped
6.1 percent to 23 pounds ($46.36) a megawatt hour at 8:29 a.m.
in London, according to prices on Bloomberg from the energy
broker GFI Group Inc.


Read more at Bloomberg Energy News

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