Gas system short – DMR

The gas system has opened 12mcm short this morning, according to npower’s daily market report. The Norwegian pipeline Langeled is currently nominating 44mcm and flows through the South Hook are […]

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The gas system has opened 12mcm short this morning, according to npower’s daily market report.

The Norwegian pipeline Langeled is currently nominating 44mcm and flows through the South Hook are at 28mcm.

Temperatures today are higher than seasonal normal levels.

Tim Carter from npower’s Optimisation Desk said: “For the end of December we are expecting around 13°C which is more than two times higher than seasonal normal. We are looking at the warmest December on record.”

 

The peak power margin is very comfortable today at more than 11GW. Wind generation is currently providing 5.2GW.

This morning CCGTs are providing 29% of the stack and coal is generating 21%.

The Dutch interconnector is importing at full capacity and the French one is at its cap level of 1.5GW.

Oil is currently trading at $39.25 a barrel (£27/Bbl).