Wednesday, April 25, 2007

German Day-Ahead Power Prices Fall on Forecasts Wind Production May Rise

(Bloomberg) -- German day-ahead electricity prices fell to their lowest this week on forecasts wind-power plants, the most unpredictable source of electricity, would increase production. French power declined.

Baseload day-ahead power dropped after two days of gains, declining as much as 6.20 euros, or 14 percent, to 37.30 euros ($50.90) a megawatt hour, according to GFI Group Inc.'s prices on Bloomberg at 9:14 a.m. Berlin time.


Read more at Bloomberg Energy News

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