Thursday, May 10, 2007

U.K. Power Falls on Forecast for Lower Demand; German Electricity Declines

(Bloomberg) -- U.K. power for day-ahead delivery fell as forecasters predicted lower demand. French and German electricity also declined.

U.K. day-ahead power fell as much as 7.9 percent to 19.75 pounds ($39.39) a megawatt hour, according to prices on Bloomberg from energy broker GFI Group Inc. It traded at 20.30 pounds a megawatt hour as of 8:54 a.m. in London.


Read more at Bloomberg Energy News

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