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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 last week rose by 2.6 percentage points to 84.5% of capacity as of 4 September and moved to a surplus to the five-year average for the first time in seven weeks, BFE data showed.
- Hydro stocks last week moved to a surplus of 0.1 percentage points to the five-year average last week, compared with a deficit of 1.8 percentage points a week earlier.
- Stocks have remained below the long-term average since 1997 by 1.7 percentage points, compared with a deficit of 3 percentage points the week prior.
- Reserves rose at the fastest pace by 5 percentage points to 87% in the canton of Graubunden, where around 23% of all stocks are located.
- Weekly increases were driven by above-average precipitation and lower hydropower output. Total hydropower generation fell last week, and output from reservoirs declined by 345MW on the week to 1.71GW.
- Forecasts for lower precipitation in the hydro-intensive region of Sion this week could 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.
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