Gas system tightens – DMR

The gas system has tightened, according to npower’s daily market report. This is mainly due to an increase in exports through the Interconnector and a slight decrease in Norwegian imports through the […]

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The gas system has tightened, according to npower’s daily market report.

This is mainly due to an increase in exports through the Interconnector and a slight decrease in Norwegian imports through the Langeled pipeline.

LNG sendout has increased and CCGT demand has dropped.

Good wind feed-in is helping lower the call on conventional generation, with wind producing 5GW and expected to peak at almost 7GW today.

Steven Walker from npower’s optimisation desk said: “Solar feed-in is lower at the start of the week although it is set to replace wind generation and is forecast to increase to over 5GW at peak by Thursday.”

 

Both the French and Dutch interconnectors are importing to the UK at maximum capacity.

Mr Walker added: “Greece has been authorised to wrap up payments for June by the end of the month.”

The oil market is currently trading at $65 a barrel (£42.68/Bbl).