Gone with the wind: North Sea natural gas prices face continuing pressure at low demand, peaking wind power

22.05.2020

British wholesale gas prices slumped on Thursday morning due to expectations of a drop in gas-for-power demand.

The day-ahead contract was 1.25 pence lower at 9.25 pence per therm at 0855 GMT.

The within-day contract dropped by 1.50 p to 9.75 p per therm.

UK gas-for-power demand is expected to fall on Friday...