Day-ahead power in Poland increased to its highest price in more than three weeks, advancing with German prices amid forecasts for weaker wind output.
Electricity for next-day delivery in Poland increased 4.8 percent to 173.86 zloty ($55.96) a megawatt-hour, broker data compiled by Bloomberg show. That’s the highest since Jan. 25.
Day-ahead power in Germany rose 16 percent to 51 euros ($68.26) a megawatt-hour. Output from wind turbines in the country may fall to 4,000 megawatts tomorrow, according to the website of Meteologica SA, the Madrid-based weather forecaster. That’s below the annual average of 4,856 megawatts and today’s level of 5,292 megawatts at 1:45 p.m. in Berlin, according to data from European Energy Exchange AG in Leipzig, Germany.
Day-ahead electricity on the coupled markets of the Czech Republic and Slovakia increased 1.8 percent to 50.14 euros a megawatt-hour in a daily auction, according to the countries’ market operators. Hungarian day-ahead power settled 1.7 percent higher at 50.21 euros a megawatt-hour.
To contact the reporter on this story: Marek Strzelecki in Warsaw at email@example.com
To contact the editor responsible for this story: Lars Paulsson at Paulsson@bloomberg.net