LONDON, April 30 (Reuters) - British wholesale gas prices
rose on Friday morning on colder-than-normal temperatures and
low wind output.
* The within-day contract was up 2.25 pence at
63.50
p/therm by 0952 GMT.
* The weekend contract was up by 1.50 pence to
62.25
p/therm.
* Average temperatures are slightly colder than previous
forecasts
and cooler-than-normal weather is forecast for May in Britain
and north-west Europe, Refinitiv Eikon data showed.
* Wind power output is low, which typically increases gas
demand
from power plants.
* Peak wind generation is forecast at 1.6 gigawatts (GW) on
Friday
and 1.2 GW the next day, out of total metered capacity of around
18 GW, Elexon data showed.
* "After a period with low winds, windier weather is
expected next
week. This should curb gas-for-power demand significantly," said
Refinitiv gas analysts.
* "UK gas-for-power on the day-ahead is forecast at 42
million
cubic metres (mcm). This compares to the strong 67 mcm/d
forecast for today," they added.
* On the supply side, Norwegian flows to Britain through the
Langeled pipeline were stable at 75 mcm/d and through Vesterled
at 16 mcm/d, after the end of maintenance at the Kollsnes gas
processing plant.
* Total liquefied natural gas send-out to the UK is
nominated at
75 mcm/d, in line with yesterday.
* The system was balanced with both supply and demand
forecast at
around 250 mcm, National Grid data showed.
* The May contract was 1.15 pence higher at
58.75
p/therm.
* The Dutch TTF gas price for May was 0.72 euro
higher at 23.05 euros per megawatt hour.
* The benchmark Dec-21 EU carbon contract was up
0.20
euro at 48.22 euros a tonne.
(Reporting by Nina Chestney)