(Bloomberg) -- German electricity for delivery next
year advanced for a third day as the price of carbon dioxide
emission allowances rose, increasing the cost of generating power
by burning fossil fuels.
Next-year baseload power prices in Germany, Europe's biggest
electricity market, gained as much as 20 cents, or 0.4 percent,
to 56.10 euros ($76.50) a megawatt-hour as of 9:40 a.m. in
Berlin, according to broker GFI Group Inc. That's the highest
since July 3. Baseload refers to power delivered round the clock.
Read more at Bloomberg Energy News
year advanced for a third day as the price of carbon dioxide
emission allowances rose, increasing the cost of generating power
by burning fossil fuels.
Next-year baseload power prices in Germany, Europe's biggest
electricity market, gained as much as 20 cents, or 0.4 percent,
to 56.10 euros ($76.50) a megawatt-hour as of 9:40 a.m. in
Berlin, according to broker GFI Group Inc. That's the highest
since July 3. Baseload refers to power delivered round the clock.
Read more at Bloomberg Energy News
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