Friday, June 15, 2007

Nordic Third-Quarter Power Falls From Four-Month High; Next-Year Declines

(Bloomberg) -- Nordic third-quarter power prices
dropped from a four-month high. Next-year power also fell,
tracking lower carbon-emissions costs.

Electricity for the third quarter, the most-traded contract
in the region, lost 0.8 percent to 29.55 euros ($39.35) a
megawatt-hour at 10:36 a.m. Oslo time. Yesterday the contract
advanced to 29.80 euros, the highest since Feb. 7.


Read more at Bloomberg Energy News

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