Friday, June 8, 2007

Electricite de France Auctions Electricity Before Market Opens on July 1

(Bloomberg) -- Electricite de France SA, Europe's
largest power generator, sold French power for delivery in the
second half of the year in an auction, before the market opens to
competition for domestic customers July 1.

In the June 6 auction, which included contracts for up to
three years from July, October or November, EDF sold 35 megawatts
of baseload power starting July 1 at an average 43.37 euros
($58.12) a megawatt-hour, it said in a statement on its Web site.


Read more at Bloomberg Energy News

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