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Polish Next-Day Power Drops as Swedish Flows Rise, Exports Fall

Nov. 28 (Bloomberg) -- Polish day-ahead electricity dropped for the first time this week as the country was set to cut exports of power and increase imports from Sweden.

Next-day power in Poland fell 7.5 percent to 178.38 zloty ($56.16) a megawatt-hour, according to exchange data compiled by Bloomberg.

Electricity flows via the undersea cable from Sweden were set to be at a maximum of 600 megawatts for most of the day tomorrow. Less Polish power was scheduled to be sent to the Czech Republic, Germany and Slovakia in the early hours of tomorrow amid declining prices in the neighboring countries, data from Warsaw-based grid manager PSE Operator SA showed.

Next-day electricity on the coupled markets of the Czech Republic and Slovakia slid 12 percent to 48.35 euros ($62.45) a megawatt-hour in a daily auction, according to the countries’ market operators. The day-ahead contract in Hungary settled 11 percent lower at 48.53 euros a megawatt-hour.

Polish baseload power for 2013 fell to a record 170 zloty a megawatt-hour, according to broker data compiled by Bloomberg.

To contact the reporter on this story: Marek Strzelecki in Warsaw at mstrzelecki1@bloomberg.net

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

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