Wednesday, June 13, 2007

German 2008 Power Reaches Highest This Month; French, Nordic Prices Rise

(Bloomberg) -- German electricity for delivery next
year climbed to its highest price this month as European carbon
dioxide emission allowances advanced. French and Nordic power
also rose.

Next-year power prices in Germany, Europe's biggest
electricity market, gained for a third day. The contract rose 25
cents, or 0.4 percent, to 56.80 euros ($75.45) a megawatt-hour,
data from broker GFI Group Inc. showed at 9:58 a.m. in Berlin.


Read more at Bloomberg Energy News

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