Power demand low – DMR

Demand of power in the UK is softer today, according to npower’s daily market report. Rodney Johnson from the Optimisation desk said: “Better wind and lower demand mean the surplus […]

Register now!

By Jacqueline Echevarria

Demand of power in the UK is softer today, according to npower’s daily market report.

Rodney Johnson from the Optimisation desk said: “Better wind and lower demand mean the surplus should remain comfortable over the day.”

CCGT is providing 50% of the energy mix while nuclear and wind are contributing 24% and 7% respectively.

 

Mr Johnson added: “Both the 620MW Hartlepool 2 Nuclear plant and the 550MW Dungeness B22 units are scheduled to return to service over the weekend after being offline for refuelling and statutory outage.”

On the gas system, the linepack is forecast to close 6mcm long.

Mr Johnson went on: “Though few UK gas contracts are still linked to no oil prices, European buyers are active in NBP [National Balancing Point] trading and it is more commonplace for European gas contracts to have oil indexing.”

Brent oil is trading at $51/bbl(£38.7/bbl).