Monday, 18 June 2007

European Power Prices May Jump Because of Warm Rivers, Merrill Lynch Says

(Bloomberg) -- European power prices may jump this
summer because of limits on how much hot water utilities can
return to rivers and seas when the weather is warm, Merrill Lynch
& Co. said.

Utilities in Germany, including E.ON AG and Vattenfall AB,
have been forced to reduce capacity in at least one nuclear plant
in Europe's biggest power market because of environmental
restrictions on the water used to cool facilities.


Read more at Bloomberg Energy News

No comments: