Wind production to ramp up – DMR

Wind generation is expected to ramp up through the day, according to npower’s daily market report. It could reach a peak of more than 3GW this evening, Gemma Bruce from […]

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By Priyanka Shrestha

Wind generation is expected to ramp up through the day, according to npower’s daily market report.

It could reach a peak of more than 3GW this evening, Gemma Bruce from the optimisation desk said.

The power margin remains around the 10GW level as imports from the continent also continues to be at full capacity via both the French and Dutch interconnectors.

The gas system has opened “roughly balanced” this morning, with the linepack currently just 1mcm long.

Norwegian flows “are a touch lower”, with Langeled nominated at 46mcm as a reduction in flows at Kollsnes by 7mcm today and tomorrow will impact the UK.

 

Gas demand continues to be supported with 33mcm of exports via the UK’s Interconnector and temperatures remaining below seasonal normal levels.

Gas-fired generation is currently making up 43% of the stack.

Ms Bruce said: “Elsewhere, the pound continues to hold its strength against the euro with £1 now worth €1.38, 1.72% higher week on week. Brent oil also continues to trade sideways from yesterday’s close with the focus swinging from shrinking US supplies to the market glut as Iran makes progress towards raising output.

“We have also seen the front year coal contract trade below $50/tonne for the first time in Europe as the oversupply in the coal market continues to weigh.”