Daily
The price of oil has fallen to below $60 a barrel (£39/Bbl) this morning, according to npower’s daily market report. Ben Spry from npower’s optimisation desk said: “[This is] following the weakening of the euro against the dollar.” He added there are also concerns over the stability of Chinese markets “after emergency measures were taken over […]
The UK gas system has opened undersupplied this morning, according to npower’s daily market report. The linepack is forecast to close more than 5mcm short. Norwegian flows through the Langeled pipeline have increased to more than 20mcm today. Gemma Bruce from npower’s optimisation desk said: “This is largely due to the partial restart of Ormen […]
The gas system is oversupplied, according to npower’s daily market report. The linepack is currently forecast to close 6mcm long despite increased exports. Langeled is nominated at 7mcm and Balgzand Bacton Line (BBL) flows are stable at 8mcm today. Norwegian flows will pick up next week when maintenance on the Norwegian gas field Ormen Lange […]
The UK gas system is 20 mcm oversupplied, according to npower’s daily market report. The Dutch interconnector is nominated at 17mcm however it is currently flowing higher. Flows through the Norwegian pipeline [Langeled] have also increased to 16mcm. Gemma Bruce from npower’s optimisation desk said: “They are not expected to move out of the 12-16mcm […]
Find out what’s influencing gas supply, power prices and what you should watch out for in the new daily market report on the energy market from Ben Spry, Optimisation Desk Manager at npower.