Power and gas prices flat – DMR

Power and gas prices are trading flat this morning, according to npower’s daily market report. In the UK gas system, the linepack is forecast to close around 4mcm short. Sarah […]

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By Jacqueline Echevarria

Power and gas prices are trading flat this morning, according to npower’s daily market report.

In the UK gas system, the linepack is forecast to close around 4mcm short.

Sarah Astley from npower’s optimisation desk said: “Demand remains around 20% above seasonal levels as CCGT remains supported.”

Langeled flows are at 40mcm.

 

Ms Astley added: “LNG flows have dipped very slightly as the Dragon terminal has stopped flowing.”

Power system is forecast at a peak margin of more than 11GW.

Ms Astley said: “The French and Dutch interconnectors continue to export at full capacity following their outages earlier in the week, which is helping with the supply picture.”

Wind is generating 0.5GW and is expected to remain low through the start of next week.

Oil is currently trading at around $49 per barrel.