Friday 12 September 2014

UK gas system “well supplied” – TMR

UK gas system “well supplied” – TMR

The UK gas system looks “well supplied” today, according to analysts at npower.

The market experts noted the Linepack (i.e. the gas system) is forecast to close the day with 8 million cubic meters (mcm) more than the UK needs.

Alex Guiot, Client Portfolio Manager at npower’s Optimisation Desk said: “The power system also remains healthy this morning, with a big margin of over 10 GW forecast.”

Efficient gas power plants – Combined Cycle Gas Turbines  or CCGT - once more edging above coal on the power supply front.

He said: “continue to generate marginally more than coal, at 35% of the stack, against 33% coal.”

Wind generation remains “subdued” at around 400MW, added Mr Guiot.

Written by

Bruna Pinhoni

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