Friday, June 1, 2007

U.K. Electricity Rises After Grid Manager Pays Generator to Operate Plant

(Bloomberg) -- U.K. power for delivery on the next
working day increased after the grid operator paid a generator
to start one of its power plants.

Working-day-ahead power rose 11.1 percent to 25 pounds
($49.45) a megawatt hour, from a closing price of 22.50 pounds a
megawatt hour yesterday, according to prices on Bloomberg from
the broker GFI Group Inc.


Read more at Bloomberg Energy News

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