Nov. 12 (Bloomberg) -- Polish day-ahead electricity jumped to the highest level in more than six weeks amid increased flows to neighboring countries.
Next-day power in Poland added 5.9 percent to 194.43 zloty ($59.39) a megawatt-hour, according to exchange data compiled by Bloomberg. That’s the highest level since Sept. 27.
Poland was set to boost exports of electricity to the Czech Republic, Germany, Slovakia and Sweden to more than 781 megawatts from 2 a.m. to 3 a.m. Warsaw time tomorrow from 39 megawatts at the same time today as day-ahead prices in Germany rose amid expected lower wind output. Poland was set to cut imports from Sweden, data from power grid manager PSE Operator SA showed.
Next-day electricity on the coupled markets of the Czech Republic and Slovakia advanced 11 percent to 54.99 euros ($69.94) a megawatt-hour in a daily auction, according to the countries’ market operators. The day-ahead contract in Hungary settled at the same price, an increase of 8.6 percent.
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