Thursday, April 12, 2007

Nordic Next-Year Power Advances to Highest in Almost Two Weeks on Carbon

(Bloomberg) -- Nordic power prices for next year rose to their highest in almost two weeks as carbon-emissions costs increased and German 2008 power traded near a two-week high. Nordic contracts for this year also rose.

Electricity for 2008 on the Nord Pool ASA exchange advanced 20 cents, or 0.5 percent, to 42.70 euros ($57.50) a megawatt-hour at 10:42 a.m. Oslo time. That's the highest since March 30.


Read more at Bloomberg Energy News

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