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Polish Next-Day Power Drops for Second Day in Line With Germany

Feb. 19 (Bloomberg) -- Day-ahead power in Poland declined for a second day as the German contract fell amid forecasts for more wind than average.

Electricity for next-day delivery in Poland dropped 1.2 percent to 165.98 zloty ($53.21) a megawatt-hour, exchange data compiled by Bloomberg show. German day-ahead power fell 4.9 percent to 46.19 euros, according to EPEX Spot SE data on Bloomberg.

Wind output in Germany is predicted to rise to about 7.5 gigawatts tomorrow, Meteologica SA, a Madrid-based weather forecaster, said on its website. That compares with an average of 4.8 gigawatts, data from European Energy Exchange AG in Leipzig, Germany showed.

Day-ahead electricity on the coupled markets of the Czech Republic and Slovakia rose 2 percent to 49.25 euros ($65.78) a megawatt-hour in a daily auction, according to the countries’ market operators. Hungarian day-ahead power rose 2.4 percent to 49.37 euros a megawatt-hour.

To contact the reporter on this story: Rachel Morison in London at rmorison@bloomberg.net

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

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