Swiss hydro stocks down to 58% capacity in week 3, French levels down at 2.20 TWh

Hydro reservoir levels in Switzerland inched down to 5.2 TWh in week 3, which ended Jan. 21, while French hydro stocks ticked down to 2.20 TWh, data from the Swiss Federal Energy Office and electricity transmission system operator RTE showed Jan. 25.

Swiss hydro capacity registered 57.8% of its total nominal capacity in week 3, edging down 10% from the previous week and 21% above the 10-year average. The Rhine River levels increased 32% to 177% of long-term averages.

Weather in Switzerland is forecast to be very cloudy with rainfall throughout the week. Temperatures are expected to range from highs of 14 C to lows of minus 2 C, with colder temperatures mainly in the northern and eastern region, Swiss Meteorological Office data showed.

France

French hydro stocks have decreased to 2.20 TWh or 61.3% of total nominal capacity, inching down 7% on the week but almost 1.5% above the 10-year average.

Hydro power production in France edged down 9.5% on the week to 10.4 GW, while power demand dipped almost 5% to 69.6 GW, RTE data showed.

The average day-ahead power price in France for the week ended Jan. 21 was Eur83/MWh, falling 17% from the previous week, Epex spot data showed.