Prices decline as supply concerns ease

was 0.47 euro lower at 32.63 euros per megawatt
hour (MWh) by 0901 GMT, while the winter 2024 contract 
was down 0.78 euro at 37.07 euros/MWh, LSEG data 
showed. 
The British month-ahead contract              was down 1.36 
pence at 77.05 pence per therm. 
Traders said supply concerns have eased after repairs at Norway's offshore Sleipner Riser platform, which caused a major 
outage of gas exports to Britain, were completed on Friday. 
Flows from Norway to Britain were up 22 million cubic metres (mcm) from Friday. 
During the weekend, Norway's Gassco announced some other short outages and there is an ongoing outage at Visund which is 
supposed to end on June 17 but the duration is uncertain. 
 
Also on the supply side, liquefied natural gas cargo arrivals are quite scant. 
In Britain, gas-for-power demand is expected to rise tomorrow due to a drop in wind speeds. Peak wind generation is 
forecast at 14.2 gigawatts (GW) on Monday, falling to 9.3 GW on 
Tuesday, Elexon data showed. 
In the European carbon market, the benchmark contract fell by 1.89 euros to 69.50 euros per metric ton.