Polish Day-Ahead Power Rises to Two-Week High as Exports Jump
Day-ahead electricity in Poland increased to the highest in two weeks as the country prepared to ship more power abroad.
Electricity for the next day gained 4.7 percent to 170.66 zloty ($54.89) a megawatt-hour, exchange data compiled by Bloomberg show. That’s the highest level since Jan. 28.
Poland was set to export as much as 1,055 megawatts of electricity to the Czech Republic, Germany and Slovakia from 12 a.m. to 1 a.m. tomorrow, compared with 5 megawatts at the same time today, according to data from grid manager PSE SA. Prices in the neighboring countries increased amid a forecast for lower wind output.
German wind turbine production is below forecast and expected to continue falling tomorrow, according to the website of Meteologica SA, a Madrid-based weather company.
Day-ahead electricity on the coupled markets of the Czech Republic and Slovakia jumped 27 percent to 46.38 euros ($62.01) a megawatt-hour in a daily auction, according to the countries’ market operators. Hungarian day-ahead power settled 28 percent higher at 47.09 euros a megawatt-hour.
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To contact the editor responsible for this story: Lars Paulsson at Paulsson@bloomberg.net