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Polish Next-Day Power Rises to 10-Month High as Demand Soars

Polish day-ahead electricity rose to the highest level in 10 months as demand was set to soar amid cold weather and increased flows abroad.

Next-day power added 4.9 percent to 214.75 zloty ($68.32) a megawatt-hour, exchange data compiled by Bloomberg show. That’s the highest level since Feb. 14.

Polish power demand was predicted to rise to as much as 25,100 megawatts from 4 p.m. and 5 p.m. tomorrow, 2.5 percent more than the daily maximum last week, data from the Polish grid manager showed.

The country was scheduled to export more electricity to the Czech Republic, Germany and Sweden in the early hours of tomorrow, and halt imports from Ukraine for most of the day.

PGE SA (PGE) and Tauron Polska Energia SA (TPE) were set to keep 442 megawatts of capacity off line tomorrow because of unplanned outages, the utilities said.

Day-ahead electricity on the coupled markets of the Czech Republic, Slovakia and Hungary fell 2.2 percent to 67.85 euros ($88.45) a megawatt-hour in a daily auction, according to the countries’ market operators.

The Czech year-ahead contract declined for a ninth day, sliding 0.2 percent to 45.20 euros a megawatt-hour, broker data show. That’s the longest streak of declines since the 2013 contract started trading in September 2010. Polish electricity for 2013 increased for the second day, adding 0.5 percent to 169.60 zloty a megawatt-hour, according to broker data compiled by Bloomberg.

Link to Company News:{TPE PW <Equity> Link to Company News:{PGE PW <Equity>

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 Paulsson@bloomberg.net TPE PW <Equity> PWE PW <Equity>

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