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.

Poland was set to curb midday exports to the Czech Republic and Germany, while increasing imports from Sweden, data from grid manager PSE Operator SA showed.

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.

Before it's here, it's on the Bloomberg Terminal.