Showing posts with label GFI. Show all posts
Showing posts with label GFI. Show all posts

Monday, July 30, 2007

U.K. Electricity Prices for September Rises as Natural-Gas Costs Increase

(Bloomberg) -- U.K. power for delivery in September
rose as the cost of natural gas increased. Electricity for the
next working day was unchanged, maintaining a premium over
corresponding prices in France.

U.K. power for delivery in September increased 2.3 percent
to 26.50 pounds ($53.72) a megawatt-hour, according to prices on
Bloomberg from the broker GFI Group Inc. The contract traded at a
record-high 26.75 pounds a megawatt-hour on July 23.


Read more at Bloomberg Energy News

Tuesday, July 17, 2007

German 2008 Power Trades at 12-Week Low as Carbon-Emission Costs Decline

(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

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

Friday, June 15, 2007

U.K. Power Rises on Forecast Spare Capacity to Fall; French Imports Likely

(Bloomberg) -- U.K. power for delivery on the next
working day rose as forecasts showed a likely decline in spare
capacity that may mean more-expensive generation is required to
meet demand.

U.K. working-day-ahead baseload power increased 11 percent to
24.60 pounds ($48.46) a megawatt hour, according to prices on
Bloomberg from the energy broker GFI Group Inc. The last traded
price yesterday for power delivered today was 22.25 pounds a
megawatt hour.


Read more at Bloomberg Energy News

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

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