Polish Next-Day Power Rises as Flows Via Link to Sweden Halt

Polish day-ahead power increased as flows through a cable to Sweden halted.

Next-day power rose 0.7 percent to 183.85 zloty ($58.11) a megawatt-hour, according to exchange data compiled by Bloomberg.

Flows on the 600-megawatt Sweden-Poland cable halted in both directions at 3:05 p.m. Stockholm time, Svenska Kraftnaet AB said in a filing by to the Nord Pool Spot AS exchange. The cable is predominantly used to import cheaper Nordic power to Poland, data from grid manager PSE Operator SA show.

PGE SA (PGE), Poland’s largest utility, was set to start units tomorrow at its Dolna Odra power plant with a combined capacity of 432 megawatts, according to the data. Exports to the Czech Republic, Germany and Slovakia were due to fall amid falling prices on neighboring markets.

Next-day contracts in the Czech Republic and Slovakia settled 11 percent lower at 41.72 euros ($54) a megawatt-hour in a daily auction. Electricity for the next day in Hungary decreased 12 percent to 41.72 euros a megawatt-hour, according to the countries’ market operators.

To contact the reporter on this story: Marek Strzelecki in Warsaw at mstrzelecki1@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net

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