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Polish Day-Ahead Power Falls as PGE Starts Units After Outage

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Jan. 21 (Bloomberg) -- Polish electricity for the next day declined after PGA SA, the country’s largest utility, brought units back online, increasing supply.

Day-ahead electricity decreased 3.6 percent to 179.43 zloty ($57.25) a megawatt-hour, according to exchange data compiled by Bloomberg.

PGE halted 1,580 megawatts of capacity in power plants at Belchatow, Turow and Opole at different times today due to unplanned outages, according to data on the company website. The units were set to be back online tomorrow, the data showed.

The country was set to cut imports from Sweden and increase exports to the Czech Republic, Germany and Slovakia.

Polish next-year power declined 0.4 percent to 167.35 zloty a megawatt-hour, the lowest since the contract started trading in June, according to broker data compiled by Bloomberg.

Day-ahead electricity on the coupled markets of the Czech Republic, Slovakia and Hungary jumped 19 percent to 51.20 euros ($68.14) a megawatt-hour in a daily auction, according to the countries’ market operators.

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 lpaulsson@bloomberg.net

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