Thursday, July 26, 2007

Nordic Power Prices Rise as Carbon-Emission Permits Climb to Two-Week High

(Bloomberg) -- Nordic next-year electricity gained
for a third day as carbon-emissions costs climbed to their highest
in two weeks. Fourth-quarter power also rose.

Electricity for 2008 on the Nord Pool ASA exchange gained 1
percent to 45.40 euros ($62.30) a megawatt-hour at 11:45 a.m. Oslo
time. A close at that price would be the highest since July 2.


Read more at Bloomberg Energy News

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