Monday, June 4, 2007

U.K. Day-Ahead Electricity Prices Decline as Spare Output Capacity Rises

(Bloomberg) -- U.K. electricity for delivery on the
next working day declined after imports from France helped widen
the margin of spare power-generation capacity available to meet
demand.

Working-day-ahead power dropped 7.1 percent to 22.75 pounds
($45.13) a megawatt-hour, according to prices on Bloomberg from
the energy broker GFI Group Inc. The last traded price on June 1
for delivery today was 24.50 pounds a megawatt-hour.


Read more at Bloomberg Energy News

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