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Polish, Czech Power for Tomorrow Falls as Holiday Reduces Demand

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Oct. 31 (Bloomberg) -- Power for next-day delivery in Poland, the Czech Republic and Hungary declined before a holiday tomorrow that’s likely to reduce demand for electricity.

The Polish day-ahead contract dropped 28 percent to 132.25 zloty ($41.49) 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. Swedish imports were forecast to fall to zero for several hours tomorrow from as much as 472 megawatts today.

A 235-megawatt unit at PGE SA’s Turow plant is scheduled to start tomorrow, the company said on its website.

Next-day electricity in the Czech Republic fell 32 percent to 33.04 euros ($42.88) a megawatt-hour in a daily auction. Day-ahead contracts in Slovakia and Hungary settled 34 percent lower at 33.04 euros a megawatt-hour in a daily auction, according to the countries’ market operators.

To contact the reporter on this story: Rachel Morison in London at rmorison@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net

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