A few nuclear power plants are offline at the moment due to maintenance but none as a result of outages. The gas system in the UK is stable at present which led to bearish NBP prices on Friday morning but August 2013 prices rose later in the day
Spot prices are expected to stay at low levels for the next few days as a decrease in solar power will be offset by stronger wind generation. Improved supply levels in France will also help the spot prices maintain a bearish trend.
Spot prices are on a downward trend, following the expected rise in renewable power next week. Solar generation has peaked at 21 GWh, combined with improved lignite production has contributed to a bearish market.
Close to 3GW of power generation is offline due to unplanned outages, which is likely to sustain spot prices over the weekend. Kollsnes gas processing plant was also out yesterday due to a power cut, tightening flows into the UK and pushing the NBP spot prices up.