Wednesday, June 27, 2007

U.K. Electricity Prices Decline as Spare Output Capacity Margin Increases

(Bloomberg) -- U.K. power for next-day delivery
declined as forecasts predicted a widening volume of spare
generation capacity. The month-ahead dropped to a record.

Day-ahead baseload electricity for delivery in the U.K.
fell 1.8 percent to 22.45 pounds ($44.77) a megawatt-hour,
according to prices on Bloomberg from the energy broker GFI
Group Inc. Baseload power is delivered round the clock.


Read more at Bloomberg Energy News

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