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German Next-Year Electricity Declines to Lowest in Six Months
2010-10-29 07:14:24.718 GMT
By Lars Paulsson
Oct. 29 (Bloomberg) -- German electricity for delivery next
year fell to its lowest level in more than six months.
Baseload power for 2011 in Europe's biggest electricity
market slid as much as 15 cents, or 0.3 percent to 47.55 euros
($65.94) a megawatt-hour, according to broker data compiled by
Bloomberg. That's the lowest price since April 13. It traded at
47.60 euros at 9:08 a.m. Berlin time.
Bloomberg tracks power prices from brokers including GFI
Group Inc., ICAP Plc and Spectron Group Ltd.
For Related News and Information:
European gas-market stories TNI EUROPE GASMARKET <GO>
Today's top gas news GTOP <GO> and energy news ETOP <GO>
European Energy Brokers Page NRGB <GO>
--Editors: Rob Verdonck, Raj Rajendran
To contact the reporter on this story:
Lars Paulsson in London at +44-207-673-2759 or
lpaulsson@bloomberg.net
To contact the editor responsible for this story:
Stephen Voss at +44-20-7073-3520 or sev@bloomberg.net
