Gas and power prices open higher – DMR

Gas and power prices have opened slightly higher this morning. This is due to colder weather forecasts and a weaker pound, according to npower’s daily market report. Oil prices are softer today, following an unexpected gain in US supplies yesterday. The gas system is currently forecast to close over 11mcm oversupplied. Temperatures are currently above the seasonal […]

Gas system long – DMR

The UK gas system has opened long this morning, according to npower’s daily market report. Pipeline flows from Norway and storage withdrawals are remaining healthy and demand has fallen closer to seasonal normal levels. Gemma Bruce from the Optimisation Desk said: “LNG send-out remains minimal with a tanker due to dock at the South Hook terminal […]

Gas demand above seasonal normal – DMR

Gas demand is above seasonal normal levels, according to npower’s daily market report. It is at 307mcm per day while the average for this time if the year is at 285mcm/d. However the system is a bit oversupplied with the linepack expected to close 4mcm in length due to the return of unplanned Norwegian outages […]

Gas system long – DMR

The UK gas system has opened long this morning, according to npower’s daily market report. The linepack is forecast below 15mcm in length. Langeled flows at 74mcm and further support from storage injection nominations and Dutch interconnector imports are helping support the system. Demand is expected to be higher than seasonal normal levels as temperatures […]

Gas and power prices firmer – DMR

The UK gas and power prices are trading firmer this morning, according to npower’s daily market report. On the gas system, the linepack is forecast to close above 5mcmc long. Flows from the Lageled pipeline at 75mcm, Dutch interconnector imports and storage nominations from Rough and Alborough are also driving length in the system. Sam […]

Gas system long – DMR

The UK gas system has opened long this morning, according to npower’s daily market report. The linepack is forecast to close 19mcm in length as demand is below seasonal normal levels due to milder temperatures. Flows from the Langeled pipeline at 74mcm as well as lower flows through the St Fergus terminal and the Dutch […]

Gas and power prices lower – DMR

UK gas and power prices are trading softer this morning, according to npower’s daily market report. That’s because the gas system is oversupplied, with the linepack expected to close 22mcm long later today. Demand is still in line with seasonal normal levels and temperatures are above average for this time of the year. Sam Hill […]

Gas system undersupplied – DMR

The UK gas system is undersupplied, according to npower’s daily market report. The linepack is forecast to close 8.5mcm short as demand is expected to be 7mcm above average despite temperatures being higher than normal for this time of the year. Flows from the Langeled pipeline are at 74mcm. Samuel Hill from the Optimisation Desk […]

Gas prices flat – DMR

The UK gas market has opened flat this morning, according to npower’s daily market report. The system has opened below 7mcm long as mild temperatures are helping reducing demand. Sam Hill from the Optimisation Desk said: “We are however likely to see temperatures drop off closer to seasonal normal levels into the weekend and possibly […]

Gas prices low – DMR

UK gas prices have opened lower this morning, according to npower’s daily market report. The system is long, with the linepack expected to close above 15mcm oversupplied. Demand is above average for this time of the year and the system is being supported by strong flows through the Norwegian Langeled pipeline and St Fergus terminal. Exports […]