Green Gas and PPA pricing is lower this morning.
- Green Gas down 2.5%
- PPAs down 3%
This follows the weakening of pricing across the curve through the second half of last week.
Mild and windy weather supports renewable power generation and helps to protect gas storage inventories.
While temperatures are forecast to be lower for the next couple of days, weather models predict warmer and windier conditions after that.
LNG imports to Europe are at their highest level since the start of the year.
Storm Darragh caused some disruption to LNG cargo unloading at the South Hook terminal in Wales, but now the supply is back to normal.
Please let Fran or me know if you want to discuss further.
Thanks
Gareth