Friday, May 4, 2007

U.K. Working-Day Ahead Electricity Slides as French Power Price Declines

(Bloomberg) -- U.K. power for delivery on the next working day declined as corresponding prices in continental Europe also dropped.

U.K. power for May 8 traded at 19.40 pounds ($38.55) a megawatt-hour at 8:29 a.m. in London, according to information on Bloomberg from the energy broker GFI Group Inc. That's down 2.5 percent from a last trade of 19.90 pounds a megawatt-hour yesterday for delivery today.


Read more at Bloomberg Energy News

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