Polish Next-Day Power Falls as Export Cuts Outweigh Output Drop

Polish day-ahead electricity fell for a fourth day as lower power shipments to neighboring countries outweighed the effect of unplanned outages.

Next-day power in Poland declined 3 percent to 177.15 zloty ($55.59) a megawatt-hour, according to exchange data compiled by Bloomberg.

Companies including GDF Suez SA and PGE SA were set to halt 651 megawatts of power in Poland for unplanned stoppages tomorrow, data from the grid manager PSE Operator showed. In addition, Enea SA, Poland’s third-largest utility, said it would cut output by 260 megawatts at its Kozienice plant during most of tomorrow’s peak hours. Imports from Sweden were set to flow at a maximum of 600 megawatts for most of the day, amid reduced exports to Germany, where day-ahead prices dropped on higher-than expected wind output, grid data showed.

Next-day electricity on the coupled markets of the Czech Republic and Slovakia rose dropped 3.9 percent to 47.73 euros ($61.50) a megawatt-hour in a daily auction, according to the countries’ market operators. The day-ahead contract in Hungary settled 8.5 percent higher at 54.14 euros a megawatt-hour.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE