Nordic Hydro Stocks Fell Faster Than Average Pace Last Week

Norwegian and Swedish hydropower reservoirs fell faster than their average pace last week, reducing supplies in the Nordic region.

Norway’s reservoirs feeding hydroelectric plants dropped 3 percentage points to 61 percent full, according to data on the website of the Nord Pool ASA exchange. Norway’s reserves usually fall by 2.4 points in the period.

Swedish reservoirs declined 3.3 percentage point to 59.7 percent of capacity. They typically drop 1.7 percentage point in the week.

To contact the reporter on this story: Lars Paulsson in London at lpaulsson@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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