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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.
ELECTRICITY
Norwegian hydropower reserves declined by 0.6 percentage points last week to 86.1% of capacity as of 25 October, the first decline in seven weeks, possibly indicating stocks have reached their peak ahead of the winter, NVE data showed.
- The surplus to the five-year average narrowed to 6.26 percentage points, down from 6.84 points the week earlier.
- Hydropower output increased last week. Production from hydro reservoirs rose by 962MW on the week to 11.17GW. Gas and wind output was largely stable on the week, Entso-E data showed.
- Forecasts for limited precipitation in the hydro-intensive region of Vestland are likely to limit into hydro reserves.
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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