Bloomberg News

Polish Saturday Power Rises to Three-Week High on Plant Halts

November 16, 2012

Polish electricity for Saturday climbed to the highest in three weeks on lower output and higher exports.

Power for tomorrow rose 3.9 percent from a week earlier to 177.45 zloty ($54.48) a megawatt-hour, exchange data compiled by Bloomberg show. That’s the highest level since Oct. 27.

PGE SA (PGE), Poland’s largest utility, today halted a 858- megawatt unit at its Belchatow power plant, the country’s largest, for an unplanned halt, data from the power grid manager PSE Operator SA showed. Tauron Polska Energia SA (TPE) has an unplanned halt of a 123-megawatt unit in Siersza power plant.

Meanwhile, exports to the Czech Republic, Germany and Slovakia were set to increase, the grid manager’s data showed.

Next-day contracts on the coupled Czech and Slovakian markets settled at 40.87 euros ($52.06) a megawatt-hour, 3.7 percent and 3.4 percent higher than a week ago respectively. The Hungarian power decreased 2.4 percent to 42.83 euros a megawatt- hour, according to the countries’ market operators.

Czech power for next year dropped 0.9 percent, its biggest drop since Oct. 11, to 46.45 euros a megawatt-hour.

To contact the reporter on this story: Marek Strzelecki in Warsaw at mstrzelecki1@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net


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