German Power for Next Year Falls to Two-Week Low as Coal Slides

- January 5th, 2011

Bloomberg.com reports that German delivery for electricity fell along with the price of coal.

Bloomberg.com reports that German delivery for electricity fell along with the price of coal.

The story is quoted as saying:

Hard coal dropped 2.6 percent to $116.90 a metric ton today. The fuel accounted for 18 percent of Germany’s power generation in 2009 and traded as high as $123 on Dec. 30. The country also gets electricity from lignite, or brown coal, as well as from nuclear plants and wind and solar power.

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