Gas system long – DMR

The UK gas system is forecast to close 20mcm long today, according to npower’s daily market report. That’s because flows from Holford, St Fergus and Teeside sites have increased. Nicholas Morgan from the Optimisation Desk said: “There is currently an outage at the Kollsness facility which could have 6.5mcm impact on flows today.” Brent oil is […]

Gas system short – DMR

The gas system has opened short today, according to npower’s daily market report. It is also forecast to close 47mcm short due to an increase in demand. Flows from Bacton Seal have been reduced by 10mcm for around eight hours and St Fergus flows have also been cut whilst Norwegian flows have been reduced by […]

Peak power margins tighter today – DMR

Peak power margins are “a bit tighter” today at just above 11GW. That’s despite the usual Friday wind down from the industry, states npower’s daily market report. It is largely attributed to the French interconnector being in export mode, with the UK forecast to see small amounts of imports during the morning peak and later […]

Gas system to be oversupplied – DMR

The gas system is forecast to be oversupplied, according to npower’s daily market report. The current linepack is forecast to be just under 19mcm long. The peak power margin is expected to be around 12.5GW. Wind generation is roughly in line with forecasts and has further scope to ramp up during the day, said Gemma […]

Gas system long – DMR

The gas system is “comfortably long”, according to npower’s daily market report. It is forecast to end the day 15mcm long, which has led to softer gas prices, said Rodney Johnson from the Optmisation Desk. He adds: “Power is likely to follow suit when it gets going.” Power demand remains in line with yesterday’s levels […]

Power margin comfortable – DMR

The power margin is comfortable today despite no coal generation currently online and lower French imports through the interconnector. It stands at 13GW, according to npower’s daily market report. Gemma Bruce from the Optimisation Desk said: “We are not expecting the French interconnector to reach capacity at any point over the day and it will […]

Oil price falls -DMR

The price of oil fell this morning, according to npower’s daily market report. That happened after Saudi Arabia tempered expectations that the world’s major oil producers would look to freeze production next month. Oil was trading at $49.53/BBl, stated Alex Guiot from the Optimisation Desk.   The gas system is forecast to close 21mcm oversupplied. […]

Gas system oversupplied – DMR

The UK gas system has opened oversupplied this morning. According to npower’s daily market report, it is forecast to close more than 26mcm long. One LNG tanker, Al Mafyar, is due today at South Hook. There is speculation the LNG tanker Cool Explorer is due to dock at Isle of Grain on 28th August, however this […]

Gas and power prices softer – DMR

Gas and power markets have opened softer this morning, according to npower’s market report. The gas system has opened in length today with the closing linepack expected to be 24mcm higher than the open. There are strong exports to the continent, with the IUK flowing more than 33mcm to Belgium as well as stable flows […]

Gas flows reduced – DMR

The gas system is slightly undersupplied at 4mcm short. This is as flows from yesterday slide, according to npower’s daily market report. Total flows from St Fergus have reduced amid outage. Temperatures are close to seasonal normal levels again.   Peak power margin is “very healthy” above 13GW, said Alex Guiot from the Optimisation Desk. […]