Gas system long – DMR

The UK gas system is 12mcm long, according to npower’s daily market report. Gas is slightly firmer on Brent oil which is currently trading at $46.39/bbl (£35.3/bbl). Rodney Johnson from […]

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By Jacqueline Echevarria

The UK gas system is 12mcm long, according to npower’s daily market report.

Gas is slightly firmer on Brent oil which is currently trading at $46.39/bbl (£35.3/bbl).

Rodney Johnson from the Optimisation Desk said: “Brent was up over the weekend due to a weaker dollar and unrest in Libya and news from Venezuela that both OPEC and non-OPEC countries are close to reach a deal on stabilising output next week in Algiers.”

 

On the power system, power generation from renewables is low and the outage at Hartlepool 1 nuclear plant will end tomorrow.

The French interconnector is importing at 1GW due to planned maintenance.

Pound is at around €1.17.