LONDON, Aug 6 (Reuters) - Prompt British wholesale gas
prices rose on Thursday morning, supported by higher gas demand
for power generation amid weak wind production.
* The day-ahead contract was up 0.80 pence at
pence per therm by 0900 GMT.
* The weekend contract was 2.00 p up at 16.50 p
* Gas demand for power generation was expected to rise to 52
on Thursday from 36 mcm on Wednesday, 14 mcm higher than
previously forecast, Refinitiv data showed.
* The rise in gas-for-power demand is taking place amid low
* Peak wind generation is predicted at 4.5 gigawatts (GW) on
Thursday and 4.4 GW on Friday out of 18 GW capacity, Elexon data
* Temperatures are forecast to surge in some parts of
Friday, potentially creating cooling demand.
* The UK gas system was 6.1 mcm oversupplied on Thursday,
demand forecast at 149.5 mcm and supply at 155.6 mcm, National
Grid data showed.
* Prices across Europe are also rising this week on the back
lower Russian flows via the Velke Kapusany border point and a
jump on the Henry Hub in the United States, where liquefied
natural gas (LNG) companies boosted their exports.
* On the curve, the December contract rose by
to 36.00 p/therm.
* The day-ahead gas price at the Dutch TTF hub
0.32 euros at 7.00 euros per megawatt hour.
* The benchmark Dec-20 EU carbon contract was up
euros at 27.20 euros per tonne.
* The Brent crude oil benchmark eased on Thursday
rising to its highest since March 6 in the previous session.
(Reporting by Ekaterina Kravtsova; Editing by Jan Harvey)