Wind generation forecast to increase – DMR

Wind generation in the UK is above 4GW and has the potential to increase more, according to npower’s daily market report. Sam Hill from the Optimisation Desk said: “This is […]

Wind generation in the UK is above 4GW and has the potential to increase more, according to npower’s daily market report.

Sam Hill from the Optimisation Desk said: “This is providing relief for CCGT which is generating just above 15GW and has greatly reduced reliance on coal.”

The French and Dutch interconnectors are importing at full capacity.

On the gas system, the linepack is forecast to be around 24mcm long and demand is expected to be higher than average as temperatures for the weekend are cooler.

There is also a strong LNG send-out from the South Hook terminal which is more than 49mcm.

 

Mr Hill added: “There are decent flows from Norway to the St Fergus terminal as well as flows through the Langeled pipeline at around 28mcm.”

Exports through the UK Interconnector are at 56mcm.

Brent oil is trading below $50/bbl (£36.9/bbl).

Mr Hill went on: “That’s in anticipation of the OPEC meeting in Algiers. It has also been announced that China’s crude imports in August were the second highest ever, spurred on by a drop in prices, going some way to soaking up crude oversupply. This will likely trigger an increase in oil refined products being used and exported by the Chinese market.”

The pound is currently valued at €1.18.

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