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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 last week increased by 1.2 percentage points to 85.9% of capacity as of 23 October, switching back to a surplus to the five-year average, BFE data showed.
- Stocks marked the first week-on-week increase last week, driven by inflows into reserves.
- Inventories rose back to a surplus of 0.7 percentage points to the five-year average last week, compared to a deficit of 0.9 points the week prior. Stocks also switched back to a surplus to the long-term average – since 1997 – of now 2.1 points.
- Hydropower production rose last week. Output from reservoirs increased by 220MW on the week to 1.34GW, Entso-E data show. Nuclear output edged higher by 65MW on the week to 2.99GW.
- Forecasts suggest precipitation for the remainder of this week in Sion – located in the hydro-intensive canton of Valais – 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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