Spot prices received support from lower wind availability and numerous outages at coal-fired power plants in Germany. Solar generation was also low but is expected to improve today and wind production should go up next week.
The power market has strengthened over the weekend with scheduled maintenance at numerous plants an influencing factor, while the UK gas system was stable on Friday and resulted in an increase in storage injections.
The prompt market saw contracts weaken yesterday following an increase in supply levels while nuclear production has also improved. The UK gas system tightened yesterday following higher demand, weaker UK production due to a drop in BBL flows and a series of outages at facilities.