LONDON, Jan 21 (Reuters) - British wholesale gas prices were
mixed on Thursday morning, with the day-ahead up on colder
weather and other contracts down on high BBL and IUK pipeline
imports.
* The day-ahead contract was up 1.20 pence
higher at
57.00 pence per therm by 0838 GMT.
* Higher demand for heating due to colder weather and higher
gas-for-power demand was supporting the day-ahead price, traders
said.
* UK Continental Shelf production was also lower due to
planed and
unplanned outages.
* Temperatures in Britain are forecast to drop below the
seasonal
norm for the next six days before recovering in the middle of
next week, Refinitiv gas analysts said.
* Peak wind generation is forecast at 14 gigawatts (GW) on
Thursday and nearly 13 GW on Friday, out of total metered
capacity of 18 GW, Elexon data showed.
* The system was slightly under-supplied by 3 million cubic
metres
(mcm), with demand forecast at 297 mcm and supply at 294
mcm/day, National Grid data showed.
* However, other contracts slipped.
* Imports through the InterconnectorUK are nominated 10 mcm
higher
from the previous day at 38 mcm/day and flows through the BBL
pipeline are at 39mcm/day.
* The within-day contract edged down by 0.07
pence to
56.93 p/therm.
* The February contract was 1.35 pence lower at
56.15
p/therm.
* In the Dutch gas market, the February contract at the TTF
hub was down by 0.10 euro at 19.90 euros per
megawatt hour.
* The benchmark Dec-21 EU carbon contract was up
by 0.37
euro at 33.28 euros a tonne.
(Reporting by Nina Chestney)