Gas system balanced – DMR

The UK gas system has opened balanced today, according to npower’s daily market report. The linepack is forecast to close 1.6mcm long and demand continues to be above seasonal normal […]

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By Jacqueline Echevarria

The UK gas system has opened balanced today, according to npower’s daily market report.

The linepack is forecast to close 1.6mcm long and demand continues to be above seasonal normal levels.

Gemma Bruce from the Optimisation Desk said: “With healthy pipeline flows and good LNG send-out, the system is easily able to cope with the increased demand.”

Norwegian flows through the Langeled pipeline are at 66mcm and BBL is flowing at 28mcm.

Ms Bruce added: “We are also seeing no exports to the continent through the IUK and Rough withdrawals of close to 29mcm, although it is nominated higher.”

 

On the power system, the peak margin is forecast at 6.9GW.

Wind is generating 3.6GW and is expected to reach 5GW later today.

The French interconnector is forecast to import at full capacity and CCGT generation is providing more than 45% of the stack.

Brent oil price is back trading below $40/bbl (£27.2/bbl).

Ms Bruce went on: “The falling US production was countered by industry data that showed crude stockpiles at Cushing, the biggest US storage hub, had increased.”