Thursday, June 14, 2007

German 2008 Power Rises to Highest in More Than a Year on Emission Costs

(Bloomberg) -- German electricity for delivery next
year climbed to its highest in more than a year.

Next-year power prices in Germany, Europe's biggest
electricity market, gained for a second day. The contract rose
as much as 40 cents, or 0.7 percent, to 57.60 euros ($76.57) a
megawatt hour, data from broker GFI Group Inc. showed. It traded
at 57.45 euros at 9:08 a.m. in Berlin. That's the highest since
May last year.


Read more at Bloomberg Energy News

No comments: