Thursday, April 12, 2007

German Next-Year Power Prices Climb; Carbon Dioxide Emission Permits Gain

(Bloomberg) -- German electricity prices for 2008 gained for a fourth day, in line with rising oil prices. Carbon- emission permits advanced.

Next-year power prices in Germany, Europe's biggest power market, climbed 30 cents, or 0.4 percent, to 54.30 euros ($73.04) a megawatt hour, according to prices from the broker GFI Group Inc. on Bloomberg at 10:46 a.m. Berlin time. That's the highest price this month. Baseload means power delivered around the clock.


Read more at Bloomberg Energy News

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