Gas system oversupplied – DMR

The UK gas system is oversupplied, according to npower’s daily market report. The linepack is forecast at 5.3mcm long and CCGT demand has dropped below 30mcm as wind generation has improved today. The Interconnector exports are still strong with 36mcm nominated. The power system is more comfortable today compared to yesterday. Wind is generating more than 4GW […]

Gas demand increases – DMR

Gas demand has increased to more than 200mcm, according to npower’s daily market report. Exports through the Interconnector have gone up to 41mcm. The gas system is balanced and linepack is long at 2mcm. LNG sendout has increased to 53mcm whilst CCGT demand has decreased to 27mcm. Wind generation is set to improve through the week to […]

Gas system undersupplied – DMR

The gas system is undersupplied and set to close 5mcm short, according to npower’s daily market report. The gas demand is expected to be around 14% above seasonal normal levels. Sarah Astley from npower’s optimisation desk said: “The latest 30-day forecast has increased demand through next week. “This coupled with the heavy planned Norwegian maintenance […]

Gas system still short – DMR

The gas system is 15mcm short due to warmer temperatures reducing demand, according to npower’s daily market report. Exports through the Interconnector have increased to 24mcm. Norwegian flows are quiet at 22mcm due to an unplanned outage. Sarah Astley, Client Portfolio Manager on the Optimisation Desk at npower said: “Next week we see another heavy […]

Gas prices increase – DMR

The gas markets have opened up well due to an under supply in the system, according to npower’s daily market report. The Interconnector exports are still strong at 39mcm and flows from Norway are quiet. Gas send out is just under 30mcm. The power system is comfortable. Wind generation is above 4GW and could pick […]

The Daily Market Report – 27th March 2015

  Find out what’s influencing gas supply, power prices and what you should watch out for in the new daily market report on the energy market from the optimisation desk at 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 […]

Coal prices slightly higher today – DMR

  Coal prices have bumped up slightly higher today according to the daily market report. Tim Carter, Client Portfolio Manager on the Optimisation Desk at npower said: “Coal price has picked up from yesterday with prices now at $58.25 per tonne. That’s a premium of 70 cents on the same time yesterday, this is a […]

More than enough gas to keep warm today – DMR

  Despite the plummeting cold temperatures, the gas supply market remains strong according to the Daily Market Report. Alex Guiot, Client Portfolio Manager on the Optimisation Desk at npower said: “In terms of flows storage has continued to nominate high withdrawals this morning at 83 million cubic metres which is the main reason for the […]

Norway gas outage bumps UK gas prices – DMR

Short term gas prices in the UK were firmer today after an unplanned outage at a gas field in Norway, according to the daily market report. However this “bullish news” won’t stop the UK gas system balancing out today, said Tim Carter, Client Portfolio Manager at npower. The price of gas for next month and […]

Volatile short term gas prices continue – DMR

Gas and power prices were volatile once again this morning, according to the daily market report from npower. The price of gas for delivery in February had “swings of nearly a penny” while the equivalent price for power jumped around 30 pence. Tim Carter, Client Portfolio Manager at npower’s Optimisation Desk said: “Front month gas […]