POWER: Polish August Power Trades Stable
Jul-25 13:33
The Polish August power base-load contract was broadly stable on the day with despite gains in API2 prices and some gains in EUAs and an extension to the Jaworzno 2 outage.
- Poland’s August baseload power settled at PLN412/MWh, slightly up from PLN411.90/MWh the day before, according to data on Polish power exchange TGE.
- Liquidity for the contract declined to 26 lots in 21 transactions, compared to 34 lots in 33 transactions in Thursday’s session.
- The latest weather forecast for Warsaw suggested mean temperatures will fall below normal from the start of next week and for most of the first week of August, before rising back up.
- The unplanned outage at the 834MW power plant has been extended by four days until 1 August.
- The 358MW unit 12 at the 4.68GW Belchatow power plant will have planned works over 2 August-20 December, while B11 is scheduled to return on 1 November from planned works.
- The 220MW unit 7 and 220MW unit 8 at the 1.8GW Kozienice 1 will have planned works over 26 July-24 September and 2 August-1 September, respectively.
- In the day-ahead market, the Polish spot index declined to PLN430.72/MWh, from PLN503/MWh in the previous session.
- Polish wind output is forecast at 300MW on Saturday during base load, broadly unchanged from 286MW on Friday. Looking ahead, output is forecast at 454MW on Sunday and at 2.3GW on Monday according to SpotRenewables.
- EUA DEC 25 up 0.2% at 71 EUR/MT
- TTF Gas AUG 25 down 0% at 32.345 EUR/MWh
- Rotterdam Coal AUG 25 up 1.6% at 103 USD/MT
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