Wednesday 4 May 2016

Peak power margin comfortable – DMR

Peak power margin comfortable – DMR

The UK’s peak power margin is comfortable at more than 13 GW.

Wind is generating around 4GW and is expected to reach 5GW today, according to the daily market report from npower.

Coal is generating 2GW and CCGT is providing 46% of the energy mix.

The French and Dutch interconnectors are importing under their full capacities.

The gas system is well supplied and the linepack is forecast to close 22mcm long.

Alex Guiot from the Optimisation Desk said: "Dutch BBL pipeline continues to export to Belgium seeing no flows coming the UK. We have decent flows coming into the St Fergus terminal from Norway.

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"Langeled is also flowing at around 40mcm, high for this time of year. We have begun to see some storage facilities withdrawing with Rough, Holford, Isle of Grain and Aldborough adding to the length in supply.”

On the LNG side, South Hook send-out is at 40mcm and a new tanker is expected to arrive on Friday.

Brent oil is trading above $45/bbl (31.05/bbl).

Mr Guiot added: "US crude stockpile data out later this afternoon is predicted to see an increase in stores adding to the supply glut."

Written by

Bruna Pinhoni

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