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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
Swiss hydropower reserves fell by 1.5 percentage points last week to 86.5% of capacity, indicating stocks reached their peak the week prior to that, BFE data showed.
- Reserves retained a 3.6 points surplus to the five-year average, unchanged on the week, but widened the surplus to the long-term average – since 1997 – by 0.6 points on the week to 7.2 points.
- Hydropower output in Switzerland declined last week. Output from reservoirs fell by 280.1MW on the week to 1.24GW. Output from pumped storage fell by 203.2MW on the week to 807MW. Nuclear production was mostly stable at 2.97GW, Entso-E data showed.
- Weather forecasts suggest high precipitation for the remainder of the week in Sion – in the hydro-intensive canton of Valais – boosting 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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