UK gas traders need to watch how the wind blows this winter


Going forward, gas will remain the country’s power sector’s main source of dispatchable power. — Reuters

THE outlook for wind speeds around the United Kingdom this autumn and winter will likely be decisive for the country’s gas market over the coming months, with potentially far-reaching consequences for Europe’s gas and power arenas.

Any extension of the below-normal wind farm output seen so far this year could trigger a steep rise in gas use by UK power firms heading into winter, with tighter gas supplies and higher gas prices a likely outcome.

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