Gas prices could continue to fall – Y report

Gas prices could continue to fall as the system is forecast to be oversupplied, according to Inenco’s Y report. However, with temperatures expected to be below seasonal normal levels from Thursday until the end of the month, prices have pushed up “a little bit”. Stuart Lea, Head of Energy Trading said: “We should balance this by the fact […]

Gas system long – DMR

The UK gas system has opened long this morning, according to npower’s daily market report. That’s because the Norwegian outages at Troll have ended. Langeled flows are at 55mcm. Alex Guiot from npower’s Optimisation Desk said: “The length of the system is captured this morning by storage sites with Holford injecting 14mcm. Temperatures are expected […]

Gas system well supplied – DMR

The UK gas system is well supplied, according to npower’s daily market report. The linepack is forecast to close 12mcm long. Sarah Astley from npower’s Optimisation Desk said: “Temperatures are set to dip through to Saturday however they will remain above seasonal normal levels and are then forecast to increase again from Sunday.” Langeled and […]

Gas system comfortable – DMR

The UK gas system is very comfortable this morning, according to npower’s daily market report. The linepack is forecast to close 13mcm long. Sarah Astley from npower’s Optimisation Desk said: “The mild temperatures continue to suppress demand and temperatures are forecast to remain above average for at least the next week.” Langeled flows are at […]

Gas system well supplied – DMR

The UK gas system is well supplied, according to npower’s daily market report. The linepack is forecast to close around 5mcm long. Sarah Astley from npower’s Optimistation Desk said: “Above average temperatures continue to suppress demand and they are forecast to remain above average for the rest of the week and possibly into next week.” […]

Gas system long – DMR

The UK gas system has opened 18mcm long today, according to npower’s daily market report. That’s because some Norwegian gas field outages have ended. Alex Guiot from npower’s optimisation desk said: “The one at Kvitebjørn is resolved but the one at Asgard continues with a 10.5mcm restriction.” LNG flows from South Hook dropped to zero […]

Power prices still falling – Y report

Power prices are continuing to fall, according to Inenco’s Y report. Dorian Lucas, Energy Analyst said: “Those customers looking to place fixed price contracts, those who can wait a little bit might benefit from doing so, however if you’re looking at the market now and seeing a year-in-year benefit might be beneficial for you to […]

Gas system short – DMR

The UK gas system is short today, according to npower’s daily market report. The linepack is forecast 2mcm short. Langeled flows from Norway are around 10mcm lower than yesterday and planned field maintenance is expected to reduce production by 30mcm for two days.   Tim Carter from npower’s optimisation desk said: “We have also seen […]

Gas and power prices to continue to fall – Y report

Gas prices are expected to continue falling, according to Inenco’s Y report. That’s because gas flows as well as Norwegian imports and LNG into the UK are higher. Stuart Lea, Head of Energy Trading said: “This is seeing prices continuing to fall and hitting fresh contract lows.” Electricity prices are low as well because they are […]

Gas system undersupplied – DMR

The UK gas system is undersupplied, according to npower’s daily market report. It opened 2mcm short this morning as demand is higher than expected despite temperatures being above seasonal normal levels. Langeled flows are nominated at 60mcm and LNG send-out is at 40mcm. Alex Guiot from npower’s Optimisation Desk said: “LNG should remain stable for […]