POWER: Poland October Power Falls on Energy Complex, Wind
Sep-11 13:28
Poland’s October declined in Thursday’s session with a pullback in the energy complex and forecasts for high generation next week.
- EUA DEC 25 down 1.9% at 75.65 EUR/MT
- TTF Gas OCT 25 down 1.7% at 32.55 EUR/MWh
- Rotterdam Coal OCT 25 down 0.4% at 93.9 USD/MT
- The Polish October power base-load OTC contract settled at PLN415/MWh, down from PLN417/MWh in the previous session, according to data on Polish power exchange TGE.
- Liquidity for the contract increased to 34 lots done in 28 transactions, compared with 9 lots in 9 session the previous day.
- The latest ECMWF two-week weather forecast for Warsaw suggests mean temperatures will remain above normal until mid-next week before briefly dropping below normal.
- Wind output in Poland is forecast to rise next week to 3.1 – 4.72GW during base loa over 15-20 September.
- Limited works at key power plants are still anticipated over October.
- The 474MW Patnow B9 power plant is scheduled to be offline in an unplanned outage over 13-21 September.
- The 630MW Plock power plant will also be fully disconnected over 19-27 September.
- Planned works at 833MW Opole 6 are still scheduled to end on 21 September.
- In the day-ahead market, the Polish sport power index declined to PLN457.92/MWh for Friday’s delivery, down from PLN503.77/MWh for Thursday delivery.
- Wind output in Poland is forecast at 1.31GW during base load on Friday, down from 4.33GW on Thursday according to SpotRenewables.
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