The gas system in the UK is undersupplied today as a result of an increase in demand.
That has led to the system opening 18mcm short, according to npower’s daily market report.
A Dutch court is set to hear around 40 appeals on the extraction of gas at the Groningen field today, said Alex Guiot from the optimisation desk.
The government capped output for 2015 earlier this year and a final ruling following the appeals is expected later this year.
Further cuts will have a “big impact” on European countries surrounding the Netherlands “as they are not set up to covert enough of the gas from Russia”.
“This would obviously have a bullish on effect to the UK as other flows may be diverted to cover the shortfall in Europe”, Mr Guiot added.
Looking at power, he said wind generation has picked up from yesterday but remains below the forecasted level of 3.2GW.
It is expected to reach more than 5GW by tomorrow evening “which should relieve gas demand”, Mr Guiot added.
Coal and nuclear generation continue to be on par at 20% and the French and Dutch interconnectors are at full import capacity.