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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 3.2 percentage points last week to 76.3% of capacity as of 22 November, widening the deficit to the five-year average to the highest level since mid-May, NVE data showed.
- The deficit to the five-year average widened to 3.58 percentage points last week, compared with 1.32 points the week prior.
- Norwegian hydropower output rose on the week. Production from reservoirs rose by 884.96MW on the week to 16.447GW. Natural gas and onshore wind output was mostly stable on the week, Entso-E data showed.
- Forecasts suggest low precipitation for the hydro-intensive region of Vestland, limiting inflows into 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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