Power and gas markets flat – DMR

The UK power and gas markets are flat, according to npower’s daily market report. On the gas system, the linepack is forecast to close 4mcm long. Norwegian flows through the […]

Register now!

By Jacqueline Echevarria

The UK power and gas markets are flat, according to npower’s daily market report.

On the gas system, the linepack is forecast to close 4mcm long.

Norwegian flows through the Langeled pipeline are around 70mcm, demand is still high, with IUK exporting at around 20mcm.

Gemma Bruce from the Optimisation Desk said: “Rough storage is not withdrawing, nominations are also low at around 5mcm. This is following on from yesterday’s announcements that the planned injections over the Easter weekend have been delayed until the 29th.”

LNG send-out is at 35mcm.

 

On the power system, the peak margin are more than 9GW.

CCGT is providing the majority of the stack at 19GW and wind generation is expected to be under 1GW but tomorrow is forecast to reach 4GW tomorrow.

The French and Dutch interconnectors are importing at full capacity.

Brent oil is currently trading at $41.5/bbl (£28.2/bbl).

Ms Bruce added: “Oil has dropped off ahead of the US inventory data due out later today. Stockpiles are seen to be expanding amid the surplus.”