U.K. Power Rises on Forecast Spare Capacity to Fall; French Imports Likely

(Bloomberg) -- U.K. power for delivery on the next
working day rose as forecasts showed a likely decline in spare
capacity that may mean more-expensive generation is required to
meet demand.

U.K. working-day-ahead baseload power increased 11 percent to
24.60 pounds ($48.46) a megawatt hour, according to prices on
Bloomberg from the energy broker GFI Group Inc. The last traded
price yesterday for power delivered today was 22.25 pounds a
megawatt hour.


Read more at Bloomberg Energy News