(Bloomberg) -- German electricity for next year fell
from a seven-week high as emission-permit prices declined,
potentially reducing the cost of generating electricity at
plants that burn fossil fuels.
Electricity for delivery next year fell after two days of
gains, slipping 25 cents, or 0.4 percent, to 56.65 euros
($78.28) a megawatt-hour at 10:15 a.m. in Berlin, according to
GFI Group Inc. prices on Bloomberg. September prices dropped 1
percent to 34.90 euros.
Read more at Bloomberg Energy News
from a seven-week high as emission-permit prices declined,
potentially reducing the cost of generating electricity at
plants that burn fossil fuels.
Electricity for delivery next year fell after two days of
gains, slipping 25 cents, or 0.4 percent, to 56.65 euros
($78.28) a megawatt-hour at 10:15 a.m. in Berlin, according to
GFI Group Inc. prices on Bloomberg. September prices dropped 1
percent to 34.90 euros.
Read more at Bloomberg Energy News
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