Polish Next-Day Power Falls to Four-Month Low on Increased Wind
Polish power for Saturday fell to its lowest level in almost four months as higher-than-usual wind output outweighed increased exports.
Power for tomorrow decreased 12 percent from a week earlier to 159.42 zloty ($51.13) a megawatt-hour, according to exchange data compiled by Bloomberg. That’s the lowest level for Saturday delivery since June 9.
Wind speeds in Gdansk, northern Poland, the region where most turbines are located, are predicted at 26 kilometers (16 miles) per hour tomorrow, more than double the average of the last 10 years, CustomWeather Inc. data on Bloomberg.
Flows of electricity to the Czech Republic, Germany and Slovakia were set be at 1,051 megawatts between 5 p.m. and 6 p.m. tomorrow, compared with no exports at the same time a week ago. Inflows from Sweden were set to be cut by about 50 percent to 300 megawatts for most of the day, data from the grid operator PSE Operator SA showed.
PGE SA (PGE), Poland’s largest utility was set to halt a 370- megawatt unit at its Belchatow plant tomorrow, while the start of a 380-megawatt unit at the power station was delayed by three days to Oct. 9, the grid manager said.
Next-day contracts on the Czech and Slovak markets settled 1.1 percent higher from a week ago at 37.19 euros ($48.57) a megawatt-hour in a daily auction, according to the countries’ market operators. Electricity for the next day in Hungary jumped 8.8 percent to 39.99 euros a megawatt-hour.
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