(Bloomberg) -- Traders taking part in auctions of
capacity on a power cable linking the U.K. and French grids paid a
premium to be able to export power to France in the three months
starting in July, after prices in continental Europe rose.
RTE France, the electricity transmission-network unit of
Electricite de France SA, and its British equivalent National Grid
Plc, today sold 150 megawatts of capacity for exports to France
from the U.K. at 4.57 euros ($6.15) a megawatt hour. The 150
megawatts of import capacity to the U.K. sold at 1.51 euros a
megawatt hour, National Grid said in an e-mailed statement.
Read more at Bloomberg Energy News
capacity on a power cable linking the U.K. and French grids paid a
premium to be able to export power to France in the three months
starting in July, after prices in continental Europe rose.
RTE France, the electricity transmission-network unit of
Electricite de France SA, and its British equivalent National Grid
Plc, today sold 150 megawatts of capacity for exports to France
from the U.K. at 4.57 euros ($6.15) a megawatt hour. The 150
megawatts of import capacity to the U.K. sold at 1.51 euros a
megawatt hour, National Grid said in an e-mailed statement.
Read more at Bloomberg Energy News
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