Wednesday, June 13, 2007

U.K. Day-Ahead Power Rises as Oil Plants Run Due to Lower Spare Capacity

(Bloomberg) -- U.K. power for day-ahead delivery
increased as generators used oil-fired and hydroelectric plants
for a second day, amid lower-than-expected availability of spare
generation capacity.

Day-ahead baseload power for delivery in the U.K. rose as
much as 5.4 percent to 29.50 pounds ($58.20) a megawatt-hour,
according to prices on Bloomberg from the energy broker Spectron
Group Plc. It traded at 28.50 pounds at 9:56 a.m. in London.


Read more at Bloomberg Energy News

No comments: