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

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Oct. 29 (Bloomberg) -- 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 Polaniec power plant in southern Poland was set to halt tomorrow, the data showed. PGE SA, 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 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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