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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 5.2 percentage points last week to 78.6% of capacity as of 4 December, marking the fastest decline since end January, BFE data showed.
- Stocks narrowed the surplus to the five-year average to 4.8 points, compared with 6.8 points the week prior.
- The surplus to the long-term average since 1997 also narrowed by 1.5 points to 9 points last week.
- Hydropower output in Switzerland increased last week. Output from reservoirs rose by 803MW on the week to 2.16GW. Pumped storage production rose by 469MW to 1.27GW, Entso-E data showed.
- Weather forecast in the hydro-intensive region of Sion – canton Valais – suggest precipitation wit temperatures above the freezing point for the end of the week, which could support some 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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