Polish Next-Day Power Stays Near 12-Week Low Amid Wind Output
Polish day-ahead stayed near a 12- week low as increased wind output outweighed capacity cuts due to plant outages.
Power for tomorrow increased 1 percent to 170.17 zloty ($54.18) a megawatt-hour, according to exchange data compiled by Bloomberg. Day-ahead electricity traded at 168.45 zloty a megawatt-hour yesterday, the lowest level for week-day delivery since July 19.
Wind speeds in Gdansk, northern Poland, the region where most turbines are located, are predicted to be as high as 39 kilometers (24 miles) per hour tomorrow, triple the average of the last 5 years, CustomWeather Inc. data on Bloomberg show.
Wind farms generated 1,750 megawatt-hours on Oct. 6 or as much as 11 percent of the country’s power consumption, data from the power grid manager PSE Operator showed. Polish utilities PGE SA (PGE) and Tauron Polska Energia SA (TPE) were set to keep 835 megawatts of capacity off line due to unplanned outages, according to the companies’ websites.
Next-day contracts on the Czech market settled 5.7 percent lower at 46.34 euros ($60.13) a megawatt-hour in a daily auction, while the Slovak contract closed 0.6 percent higher at 49.46 euros a megawatt-hour, according to the countries’ market operators. Electricity for the next day in Hungary added 2.1 percent to 50.19 euros a megawatt-hour.
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