Czech, Slovak Day-Ahead Electricity Jumps as German Prices Rise

Day-ahead electricity in the Czech Republic and Slovakia rose as German prices increased to the highest level in more than a month.

Day-ahead electricity on the coupled markets of the Czech Republic and Slovakia jumped 18 percent to 58.55 euros ($77.77) a megawatt-hour in a daily auction, according to the countries’ market operators. Data on Polish day-ahead baseload power from the Warsaw-based exchange were not available.

Electricity for tomorrow in Germany climbed 4.6 percent to 59.50 euros a megawatt-hour, the highest level since Dec. 12, according to broker data on Bloomberg.

Czech power for 2014 fell 0.7 percent to 41.55 euros a megawatt-hour, the lowest level since the contract started trading in February 2012, broker data on Bloomberg show.

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.