Polish Next-Day Power Rises to Highest in Month as Imports Cut
Polish electricity for next-day delivery increased to the highest level in almost four weeks as flows from southern Sweden were reduced.
Next-day power added 3.5 percent to 191.83 zloty ($62.16) a megawatt-hour, exchange data compiled by Bloomberg show. That’s the highest level since Dec. 19.
Poland was set to curb imports and increase exports to Sweden as electricity for tomorrow in the southern SE4 area of the country, to which it is connected, settled at 50.44 euros ($67.38), a megawatt-hour, up 13 percent from a week ago, according to the Nord Pool Spot AS power exchange. Meanwhile, PGE SA (PGE), Poland’s largest utility, today halted a 370-megawatt power unit at Belchatow plant for an unplanned outage.
Day-ahead electricity on the coupled markets of the Czech Republic and Slovakia fell 1.5 percent to 53.90 euros a megawatt-hour in a daily auction, according to the countries’ market operators. Hungarian day-ahead power lost 2.1 percent to 53.90 euros a megawatt-hour.
Czech power for 2014 dropped 0.8 percent to 43.40 euros a megawatt-hour, the lowest price since the contract started trading in February. German electricity for the next year, the benchmark for the region, dropped to a record.
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