March 05, 2025 14:15 GMT
POWER: Poland’s April Edges Down
POWER
Poland’s April edged down amid slight price falls of European coal and Emissions, with downward revisions of average temperatures in Warsaw limiting losses. Spot prices could rise higher on 7 March as wind is only expected at an 8% load factor.
- Poland’s April baseload power settled at PLN415.65/MWh compared to its settled price of PLN415.99/MWh on 4 March, according to data on Polish power exchange TGE.
- The contract settled just above its settlement on 29 January at PLN415.50/MWh.
- EUA DEC 25 down 0.2% at 68.35 EUR/MT
- Rotterdam Coal APR 25 down 0.7% at 95.1 USD/MT
- The April contract traded 49 times in 50 lots from 54 lots exchanged in the previous session.
- The contract opened at PLN415/MWh before dropping to a daily low of PLN413/MWh and climbing to a daily high of PLN418/MWh. The contract ended the session at PLN414/MWh.
- Average temperatures in Warsaw were mostly revised down over 6-10 March by as much as 0.7C and will begin cooling from 10 March and drop below the seasonal average on 14 March.
- Closer in, the day-ahead rebounded to PLN348.06/MWh for Thursday delivery from PLN278.39/MWh for Wednesday as Polish wind is expected at a 44% load factor tomorrow from 74% today.
Looking slightly ahead, wind will then be at an 8% load factor on 7 March (Fri) – which could support prices.
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