Tuesday, July 10, 2007

German Electricity Prices Rise a Second Day on Nuclear Reactor Stoppages

(Bloomberg) -- German power prices for delivery in
August rose for a second day after production at Vattenfall
Europe AG's plants was halted.

Next-month baseload power prices in Germany, Europe's
biggest electricity market, climbed 0.7 percent to 37.50 euros
($51.10) a megawatt-hour by 9:15 a.m. in Berlin, according to
broker GFI Group Inc. Baseload refers to power delivered round
the clock.


Read more at Bloomberg Energy News

No comments: