Polish 2014 Power Drops to Four-Week Low as Germany Heads DownMarek Strzelecki
Power for 2014 delivery in Poland dropped to the lowest level in almost four weeks as the comparable German contract fell.
Electricity for next-year delivery in Poland decreased 0.2 percent to 163.10 zloty ($51.11) a megawatt-hour, its lowest level since Feb. 1, according to broker data compiled by Bloomberg. The similar contract in the Czech Republic slipped 1.1 percent to 41.30 euros ($53.92) a megawatt-hour, the lowest in almost three weeks.
Baseload German 2014 electricity, for supplies delivered around the clock in Europe’s biggest market, dropped as much as 0.6 percent to 41.70 euros a megawatt-hour.
Power for next-day delivery in Poland rose 1.5 percent to 171.46 zloty a megawatt-hour, according to exchange data compiled by Bloomberg. PGE SA had an unplanned halt at a 858-megawatt unit at its Belchatow plant, the utility said today.
Day-ahead electricity on the coupled markets of the Czech Republic, Slovakia and Hungary gained 11 percent to 55.78 euros a megawatt-hour in a daily auction, according to the countries’ market operators.