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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 four percentage points last week to 74.8% of capacity as of 11 December, narrowing the surplus over the five-year and long-term averages, BFE data showed.
- Stocks narrowed the surplus over the five-year average to 4 percentage points, down from 4.8 points the week earlier.
- The surplus to the long-term average since 1997 narrowed to 8.6 points, down from 9 points the week prior.
- Hydropower output in Switzerland declined last week. Output from reservoirs fell by 481.9MW on the week to 1.66GW. Pumped storage production stood at 1.033GW last week, down from 1.266GW the week before, Entso-E data showed.
- Weather forecasts in Sion, the hydro-intensive canton of Valais, are suggesting some precipitation for this week. However temperatures are forecast to fall below zero overnight which could limit inflows into reserves for the rest of the week.
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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