UK gas system still undersupplied – DMR

The gas system is undersupplied again this morning, with the linepack forecast to close around 6mcm short. According to npower’s daily market report, demand remains supported at more than 20% […]

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By Priyanka Shrestha

The gas system is undersupplied again this morning, with the linepack forecast to close around 6mcm short.

According to npower’s daily market report, demand remains supported at more than 20% above seasonal normal levels as a result of cooler temperatures.

Langeled flows have increased by around 7mcm to 36mcm as the unplanned outage impacting flows yesterday has come to an end.

South Hook flows are stable at 36mcm and the “fairly inactive” Dragon LNG terminal is also flowing 3mcm, said Sarah Astley from the optimisation desk.

 

Looking at the power system, she added it continues to see “a bit of tightness today”, with the forecast peak margin just above 8GW.

Imports from Europe “remain low”, with the French interconnector at 50% of its capacity and the Dutch at zero as planned maintenance is currently taking place, which is due to end tomorrow night.

Wind is generating just above 2GW, which is below forecast and is expected to decline this afternoon.

“Oil has lost a bit more ground today, currently trading around $46.60/bbl. It is anticipated that unofficial data due this evening will show that stocks increased last week”, Ms Astley added.