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Winter Blast Puts Pressure on UK and Nordic Energy Systems
- Temperatures in London seen falling to 7.7C below average
- Wind generation will be crucial in determining power prices
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Northern Europe faces freezing temperatures for the next two weeks, with an expected jump in heating demand adding pressure to the region’s stretched energy systems.
Nordic countries will feel the brunt of the cold snap, with a low of -9.5C (14.9F) in Oslo expected next Tuesday, forecaster Maxar Technologies Inc. said in a report. Arctic air will also sweep across the UK and Germany, with temperatures in London sinking to 7.7C below the seasonal average on Monday.