Polish Next-Day Power Drops on Low Exports, Czech Contract Rises
Polish electricity for next-day delivery dropped amid a cut in exports, while the Czech contract advanced along with German power.
Next-day power lost 3.5 percent to 177.79 zloty ($56.35) a megawatt-hour, exchange data compiled by Bloomberg show.
Day-ahead electricity on the coupled markets of the Czech Republic and Slovakia added 1.9 percent to 50.96 euros ($66.59) a megawatt-hour in a daily auction, according to the countries’ market operators. Hungarian day-ahead power added 1.8 percent to 51.60 euros a megawatt-hour. The German contract for the next day, the benchmark for the region, advanced 8.7 percent to 56 euros a megawatt-hour.
Polish power for next year dropped as much as 0.8 percent to 176.25 zloty a megawatt-hour, the lowest level since Dec. 11, according to broker data on Bloomberg.
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