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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
Hydropower reserves in Switzerland declined by 1.3 percentage points to 84.7% of capacity as of 16 October, marking the third consecutive weekly decline, BFE data showed.
- Stocks widened the deficit to the long-term average since 1997 to 0.5 percentage points, compared with 0.3 points the week earlier.
- The deficit to the 5-year average also widened to 0.9 points, up from 0.4 points the week prior.
- Overall hydropower output declined on the week. Production from reservoirs declined by 211MW to 11.2GW last week, Entso-E data showed.
- Forecasts suggest high precipitation in the hydro-intensive region of Sion in canton Valais for the remainder of this week, supporting 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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