Prices buckle as supply fears ease
The increases in prices for electricity and gas have stalled and prices have begun to fall although it’s too soon to tell if this marks a change in trend. What is clear is that high oil, electricity and gas prices are harmful to global economies and there is downward pressure as a result of this. For example Australian coal is being sold into Europe for the first time in several years. Currently demand for cheaper sources of energy generation outweigh the political and environmental arguments against it.
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Energy Market Intelligence report – mid April 2011
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