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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NATURAL GAS
German natural gas consumption last week stood 19.9% below the 2018-2021 average, Bnetza data showed.
- Consumption declined by 5.3% week on week in calendar week 33 driven by lower consumption from households and small businesses, while industrial gas demand edged up week on week.
- German gas storage capacity stood at 93.31% as of 22 August, up from 91.54% from a week earlier.
- Forecasts for German combined onshore and offshore wind output in the coming week are low at load factors of 2-11% during base-load hours. Solar PV output is forecast at decline in the coming seven days to 12-17.8GW during peak-load hours. Lower renewables output will support gas-fired output for power generation.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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