Wednesday, July 11, 2007

German Day-Ahead Power Falls a Second Day as Cooler Weather Damps Demand

(Bloomberg) -- German electricity prices for day-
ahead delivery slipped for a second straight day as below-average
temperatures may curb demand for air conditioning.

Baseload prices for delivery tomorrow fell 4.5 percent to 32
euros ($44) a megawatt-hour, according to broker GFI Group Inc. on
Bloomberg at about 9:45 a.m. in Berlin. Baseload refers to
electricity delivered around the clock.


Read more at Bloomberg Energy News

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