Peak power margin comfortable – DMR

The UK’s peak power margin is comfortable above 8GW. Wind is generating more than 2GW, according to the daily market report from npower. CCGT generation is under 20GW and is […]

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By Jacqueline Echevarria

The UK’s peak power margin is comfortable above 8GW.

Wind is generating more than 2GW, according to the daily market report from npower.

CCGT generation is under 20GW and is providing 55% of the energy mix.

The French interconnector is importing at full capacity but there still no flows from the Dutch one.

Gemma Bruce from the Optimisation Desk said: “Gas markets have opened lower this morning following the steady increase we saw yesterday afternoon.”

The gas system has opened short and the linepack is forecast to close 5mcm undersupplied.

 

Ms Bruce added: “Temperatures in the UK are expected to remain mild for today and tomorrow before dropping off back below seasonal normal levels into the weekend.”

Norwegian flows through the Langeled and St Fergus pipelines are “healthy” for this time of the year.

South Hook send-out is at 30 mcm and exports through the UK Interconnector are at 32mcm.

Oil is trading at $45.12/bbl (£31.13/bbl).

Ms Bruce went on: “Oil prices have picked up today ahead of US inventory data out later this afternoon. Oil has swung between gains and losses as the expected rising US stockpiles counter the worry over Nigerian security of supply.

“With the Saudi Arabian state-owned oil firm Saudi Aramco announcing yesterday that they will not curb their production despite OPEC plans to reduce output, there may be further downside to the commodity.”