July 25, 2012 / 2:17 PM / 5 years ago

CEE POWER-Czech day ahead gains on lower supply

 * CEZ reports 330 MW in unplanned outages
 * Renewable levels forecast steady
 * Spot rises in Hungary and Poland
 PRAGUE, July 25 (Reuters) - Czech day ahead power rose on
Wednesday due to warm weather, low wind output and outages in
the region as renewable levels were forecast to remain steady in
the coming days, traders said.
 Electricity for Thursday delivery gained 1.6 percent to
49.39 euros ($59.69)per megawatt hour on market operator OTE's
daily auction.
 Supply in the region was crimped after a fire at Poland's
Turow power plant forced the shut-down of three units at the 2.1
GW facility. 
 Czech utility CEZ also reported unplanned outages at Ledvice
and Prunerov, representing 330 MW, while a number of other
facilities were scheduled for planned outages.
 "Because of the fire and outages our region is higher in
demand," one trader said.
 Data from Thomson Reuters Point Carbon also showed wind
generation in Germany would remain under 2 GW through next
Wednesday with solar levels hovering around 5 GW.
 Around the region, the benchmark German Cal '13 contract
fell 6 cents to 47.70 euros in afternoon trading on Germany's
 Romanian state-owned power producer Hidroelectrica cancelled
most of its bilateral deals under which it sold electricity at
below market prices, Economy Minister Daniel Chitoiu said.
 Day ahead on Poland's POLPX exchange rose to 184.96 zlotys
($53.12)from 174.16 zlotys following the incident at the Turow
power plant while electricity for Thursday increased to 50.64
euros from 47.89 euros on Hungary's HUPX.
 Crude oil prices rose slightly on Wednesday, as concern
about threats to oil supply from the Middle East offset worries
about oil demand from the euro zone. 
 EUAs for December delivery, the bellwether carbon contract,
had tumbled nearly 6 percent to 6.80 euros a tonne at 1355 GMT. 
($1 = 0.8275 euros)
($1 = 3.4818 Polish zlotys)

 (Reporting by Michael Kahn; Editing by William Hardy)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below