Free Trial
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.
ELECTRICITY
Swiss hydropower reserves declined by 0.7 percentage points last week to 86.7% of capacity as of 2 October, marking the first week-on-week decline in stocks since late April, driven by low precipitation which limited inflows into reserves, BFE data showed late last night.
- Stocks narrowed the surplus to the five-year average to 0.6 points, down from 1.9 points the week earlier. The surplus to the long-term average since 1997 also narrowed to 0.2 points, down from 0.5 points a week earlier. Stocks switched back to a surplus in the week prior.
- Reserves declined at the fastest rate in the canton of Ticino, by 0.8 points to 83.5% of capacity.
- Hydropower output last week edged higher week on week. Output from reservoirs rose by 119MW on the week to 1.83GW.
- Forecasts for Sion, in the hydro-intensive canton of Valais, suggest little precipitation for the remainder of this week which could further limit 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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok