Friday, June 8, 2007

U.K. Working-Day Power Falls as Forecasts Show Demand May Drop Next Week

(Bloomberg) -- U.K. power for delivery on the next
working day declined as forecasts showed demand may fall and
spare capacity may rise after the weekend. The contract
maintained a premium over rising French prices.

Working-day-ahead baseload electricity for delivery in
Britain declined 2.1 percent to 25.20 pounds ($49.66) a
megawatt-hour, from a last trade yesterday of 25.75 pounds a
megawatt-hour for delivery today. The average working-day price
this week was 22.75 pounds a megawatt-hour.


Read more at Bloomberg Energy News

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