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Polish Next-Day Electricity Drops as Prices in Region Decrease

Polish day-ahead electricity decreased as the country was set to ship more power to the Czech Republic and Germany where prices plunged.

Next-day power in Poland fell 1.6 percent to 183.37 zloty ($57.56) a megawatt-hour, according to exchange data compiled by Bloomberg. Flows of Polish electricity to the Czech Republic and Germany increased, data from the grid manager PSE Operator SA showed. GDF Suez (GSZ) was set to halt 450 megawatts of capacity at its Polish plant Polaniec tomorrow, the data showed.

Next-day electricity in the Czech Republic fell 16 percent to 48.77 euros ($63.22) a megawatt-hour in a daily auction and the German contract dropped 15 percent to 48.50 a megawatt-hour. CEZ AS (CEZ), the largest Czech electricity producer, said today that a 510-megawatt unit at its nuclear plant Dukovany is in startup mode after maintenance and refueling.

Day-ahead contracts in Slovakia and Hungary settled 13 percent lower at 50.17 euros a megawatt-hour in a daily auction, 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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