Increased gas demand leaves system ‘short’

The gas system opened around 17 million cubic meters (mcm) short this morning as demand continues to be “above seasonal normal levels”, according to the daily market report from npower. […]

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By Priyanka Shrestha

The gas system opened around 17 million cubic meters (mcm) short this morning as demand continues to be “above seasonal normal levels”, according to the daily market report from npower.

That has resulted in an increase in imports and also a “slight pick-up” in gas-fired generation.

Gas power stations are “picking up for subdued nuclear and wind generation”, Client Portfolio Manager Gemma Bruce (pictured) said.

Looking at the power system, she added the peak margin is “reasonably comfortable”, standing at more than 13.5GW.

 

Imports from the Continent via both the French and Dutch interconnectors also “continue to be at full capacity”.

Brent oil has nudged higher and is continuing to trade at above $102 per barrel/