Thursday, July 5, 2007

U.K. Power Declines on Expected Decline in Demand, Lower Price in France

(Bloomberg) -- U.K. power for delivery a day ahead
fell on forecasts for lower demand before the weekend and a
decline in the equivalent price in France.

U.K. day-ahead baseload power dropped 7.3 percent to 21.10
pounds ($42.55) a megawatt hour, according to prices on
Bloomberg from the broker GFI Group Inc. Baseload power is
delivered round the clock.


Read more at Bloomberg Energy News

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