The Daily Market Report – 21st October 2016

Energy Live News brings you The Daily Market Report provided by npower. The npower Optimisation Desk team use technical terms when they are presenting the latest energy market news. For clarification of any terms, please check below. If you’d like to know more about our Energy Market services, please contact the team: [email protected] All electricity […]

Gas and power markets up on close – DMR

Gas prices are currently trading higher than the previous close, with some front month contracts trading lower. Power contracts are up on the close despite a well supplied gas system and a strong pound. The linepack is predicted to be just under 34mcm long, according to npower’s daily market report. Renewable power generation is healthy, seeing gas-fired power down. With […]

Gas flat to firm with power to follow – DMR

The gas market is looking flat to firm, with power likely to follow. A fall in the dollar has dragged oil prices with it to under $48/bbl (£33.67/bbl) according to npower’s daily market report. The gas system for the UK is around 6mcm long with average seasonal demand. According to Sam Hill at the Optimisation Desk, cuts to […]

Gas and power markets open soft – DMR

Power and gas markets have opened softer this morning due to a well-supplied gas system and a retreat in oil. A weakening pound may provide some upside risk, according to npower’s daily market report. Gas demand and temperature are fairly average for the UK for this time of year. Local Distribution Zone demand may ease […]

Power and gas supply cuts drive prices up – DMR

The UK gas system linepack is forecast to be 22mcm short, according to npower’s daily market report. This is caused by unplanned cuts in the Kvitebjorn gas field and another unnamed field which have reduced flows from Norway. Power and gas contracts today are firmer on last night’s close as a result. Consequently, Langeled is down to […]

The Daily Market Report – 6th April 2016

Energy Live News brings you The Daily Market Report provided by npower. The npower Optimisation Desk team use technical terms when they are presenting the latest energy market news. For clarification of any terms, please check below. If you’d like to know more about our Energy Market services, please contact the team: [email protected] All electricity […]

Oil price drops – DMR

The price of oil has fallen, according to npower’s daily market report. Sarah Astley from npower’s optimisation desk said: “Oil has lost ground as it is now trading below $57 a barrel (£36/Bbl).” It comes as data from the American Petroleum Institute showed a stock build of two million barrels. Ms Astley added: “Official data is […]

Gas system balanced – DMR

The gas system is balanced due to a drop in demand and a reduction in LNG sendout, according to npower’s daily market report. Demand has fallen as a result of the rise in temperatures. CCGT demand has increased to 29mcm and the Interconnector is exporting at 26mcm.   Steven Walker from npower’s optimisation desk said: “Wind load […]

Gas system tightens – DMR

The gas system has tightened, according to npower’s daily market report. This is mainly due to an increase in exports through the Interconnector and a slight decrease in Norwegian imports through the Langeled pipeline. LNG sendout has increased and CCGT demand has dropped. Good wind feed-in is helping lower the call on conventional generation, with wind producing 5GW […]

Gas system still oversupplied -DMR

The gas system is still oversupplied despite an increase in demand, according to npower’s daily market report. The total UK demand is at 213mcm compared to a seasonal normal of less than 170mcm. Tim Carter from npower’s optimisation desk said: “The oversupply comes largely from strong LNG nominations from the South Hook which are currently […]