Monday, 18 June 2007

U.K. Next Working Day Power Rises, Maintaining Premium Over French Price

(Bloomberg) -- U.K. power for delivery on the next
working day rose, maintaining a premium over corresponding prices
in France, suggesting Britain will continue to import electricity
to meet demand.

Working-day-ahead baseload electricity for delivery in
Britain climbed 9.8 percent to 27 pounds ($53.54) a megawatt-
hour, compared with a last trade of 24.60 pounds a megawatt-hour
on June 15 for today, according to prices from the energy broker
Spectron Group Plc. Baseload power is supplied around the clock.


Read more at Bloomberg Energy News

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