08 December 2020

UK Power prices were strong again over the weekend on the back of low wind and strong demand.


Gas for power demand is forecast at circa 70mcm.

Temperatures are below seasonal normal today.

This morning NBP gas opened lower with day ahead down at 41.25p/th.

The UK gas NTS system is around 10 mcm “long” or oversupplied.

LNG sendout is a robust 80mcm.

New Stream expect to see up 8 LNG cargos over the next two weeks.

Wind generation is relatively low with 2.4GW.

The front month Jan power contract is at £54.00/MWh which is down from close.

Carbon EUAs are also down slightly at €29.60/t.


For more information please contact our PPA desk on 01962 80 70 60 or email jamie.banks@newstreamrenewables.com