German 2008 Power Increases as Carbon Dioxide Emission Permit Costs Gain

(Bloomberg) -- German power for delivery next year
rose for the first time in five days as carbon-emissions costs
rebounded from an 11-week low.

Next-year baseload power prices in Germany, Europe's
biggest electricity market, gained 1 percent to 55.25 euros
($76.16) a megawatt-hour at 5:43 p.m. Berlin time, according to
broker GFI Group Inc. The contract earlier fell as much as 0.3
percent. Baseload is electricity delivered around the clock.


Read more at Bloomberg Energy News

U.K. Day-Ahead Electricity Rises as Natural Gas Costs, French Power Gain

(Bloomberg) -- U.K. power for delivery on the next
working day increased as the cost of natural gas rose and French
power traded at a higher price, suggesting Britain may export to
the continent tomorrow.

U.K. working-day-ahead baseload power rose as much as 4.6
percent to 25.10 pounds ($50.47) a megawatt hour, compared with
a last price on June 29 of 24 pounds a megawatt hour for
electricity delivered today, according to prices on Bloomberg
from the energy broker GFI Group Inc. It last traded at 24.50
pounds a megawatt hour as of 10:30 a.m. in London.


Read more at Bloomberg Energy News

German Power Prices for July Decline to Three-Month Low; Next Year Gains

(Bloomberg) -- German power prices for delivery in
July fell to a three-month low as the contract neared expiration.
Power for next year rose for the first day this week.

Electricity delivered in July in Europe's biggest power
market declined as much as 73 cents, or 1.8 percent, to 39 euros
($52.41) a megawatt-hour at 12:40 p.m. Berlin time, according to
prices from broker GFI Group Inc. on Bloomberg. That's the lowest
since March 27.


Read more at Bloomberg Energy News

German 2008 Power Retreats From 12-Month High as Emissions Costs Decline

(Bloomberg) -- German electricity prices for
delivery in 2008 slipped from their highest in more than a year
as carbon dioxide emission permits declined.

Next-year power prices in Germany, Europe's biggest
electricity market, dropped after two days of gains. The contract
fell 25 cents, or 0.4 percent, to 57.25 euros ($76.20) a
megawatt-hour at 12:02 p.m. in Berlin, data from broker GFI Group
Inc. showed.


Read more at Bloomberg Energy News

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