CEE POWER-Czech spot slips ahead of holiday

                                
 * Cal '11 down 2 pct to 46.30 euros per megawatt hour
                                
 * Hungary, Poland spot down
                                
 
                                
 PRAGUE, Nov 16 (Reuters) - Czech day ahead power fell on
Tuesday as demand slipped before a national holiday and Cal '11
baseload gave back recent gains due to falling carbon and coal
prices, traders said.
                                
 Electricity for delivery on Wednesday -- a holiday to
observe the end of communism in the Czech Republic -- fell to 48
euros per megawatt hour in over-the-counter trading from 51.80
euros a day earlier.
                                
 Power for Thursday was up at 53.60 euros as colder
temperatures were expected while the December contract rose
almost 1 percent to 48.05 euros.
                                
 Cal '11 baseload, which had made strong gains in the past
week to move off a 7-month low, fell nearly 2 percent to 46.30
euros due to lower carbon and coal prices as some traders locked
in prices, traders said.
                                
 "Coal is off highs and carbon is down," one trader said.
                                
 Around the region, the benchmark German Cal '11 contract
fell 85 cents to 48.40 euros on Germany's EEX.
                                
 Elsewhere, an auction at Hungarian power exchange HUPX
cleared 3,445.10 MWh of baseload power for Wednesday at 50.09
euros from 51.73 euros. Day-ahead power on Poland's POLPX
exchange fell to 204.84 zlotys from 205.33 zlotys.
                                
 Oil fell more than $1 to under $84 on Tuesday, weighed down
by a stronger dollar, concerns over the possibility of tighter
monetary policy in China and ahead of news of expected news of a
rise in U.S. crude stockpiles. [O/R]
                                
 EUAs for December delivery <CFI2Zc1>, the bellwether carbon
contract, were up down more than 2 percent to 14.78 euros a
tonne at 15100 GMT after posting five days of successive gains.
[EU/CARBON]
 (Reporting Michael Kahn; editing by Anthony Barker)