Wednesday 11 November 2015

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 57mcm and LNG flows have increased by 15mcm compared to yesterday morning.

[youtube url="https://www.youtube.com/watch?v=nxZ5QEdFxqk" width="575" height="323"]

 

The power system is also well supplied with the peak margin forecast at 10GW.

Wind is generating 3.6GW and is expected to reach around 6.5GW this evening.

Ms Astley added: “CCGT has increased to make up for the lower wind, currently providing 35% of the UK generation stack, followed by coal and nuclear; both at 20%.”

Oil is trading above $47 (£30.5) per barrel.