Czech, Slovak, Hungary Next-Day Power Jumps Along With Germany

Czech, Slovak and Hungarian day- ahead power contracts jumped as prices advanced in Germany, Europe’s biggest market.

Next-day power in the three coupled markets settled 22 percent higher at 57.96 euros ($74.82) a megawatt-hour in a daily auction, according to the countries’ market operators. German day-ahead electricity gained amid unplanned plant halts.

Day-ahead power in Poland dropped 1.5 percent to 186.42 zloty ($58) a megawatt-hour, according to exchange data compiled by Bloomberg. Poland is set to export more electricity to Sweden tomorrow, data from grid manager PSE Operator SA show.

A 225-megawatt unit at GDF Suez SA’s (GSZ) Polaniec power plant in southern Poland was set to halt tomorrow, the data showed. PGE SA (PGE), the country’s largest utility, planned to start a unit with the equivalent capacity, according to the data.

In Germany, EON AG had an unplanned halt at its 875- megawatt Heyden coal-fed power plant and RWE AG (RWE) halted its 1,050-megawatt Neurath-F lignite-fed plant. Both units are scheduled to start on Nov. 1, the companies’ websites show.

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

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