Polish day-ahead electricity fell for a second day as exports were set to drop amid lower prices in the region.
Next-day power in Poland declined 5.5 percent to 162.93 zloty ($50.63) a megawatt-hour, according to exchange data compiled by Bloomberg.
Poland was set to cut exports of power to the Czech Republic, Germany and Slovakia to 277 megawatts from 6 a.m. to 7 a.m. tomorrow, from 1,415 megawatts at the same time today, data from the grid manager PSE Operator SA showed. The country was set to import 130 megawatts of power from Ukraine, compared with no imports today.
Next-day electricity on the coupled markets of the Czech Republic and Slovakia dropped 18 percent to 35.57 euros ($45.54) a megawatt-hour in a daily auction, according to the countries’ market operators. The day-ahead contract in Hungary settled 1.8 percent lower at 42.78 euros a megawatt-hour in a daily auction.
German power for tomorrow slid 23 percent as supply of electricity was set to increase amid an expected surge in output from wind turbines.