POWER: Sweden Lowers Demand Increase Forecast for Västra Götaland

Nov-19 09:04

Svenska kraftnät has reduced the power demand increase forecast for the Västra Götaland region to 1.2GW by 2035, compared with 2.5GW previously, it said. 

  • Demand Västra Götaland and Gothenburg is expected to increase due to large industrial firms and the clean power transition.
  • Demand increase expectations have been lowered due to delayed plans from the industry and connecting parties.
  • Svenska kraftnät states that they can now meet most of the projected power demand through 2035, both in capacity and timing.

Historical bullets

MNI: EUROZONE FINAL Q2 GDP +0.1% Q/Q, +1.5% Y/Y (VS +0.6% Q/Q, +1.6% Y/Y Q1)

Oct-20 09:00
  • MNI: EUROZONE FINAL Q2 GDP +0.1% Q/Q, +1.5% Y/Y (VS +0.6% Q/Q, +1.6% Y/Y Q1)

MNI: EUROZONE AUG CONSTRUCTION OUTPUT -0.1% M/M, +0.1% Y/Y (VS +0.5% M/M, +0.7% Y/Y JUL)

Oct-20 09:00
  • MNI: EUROZONE AUG CONSTRUCTION OUTPUT -0.1% M/M, +0.1% Y/Y (VS +0.5% M/M, +0.7% Y/Y JUL)

BOJ: May Revise Up FY25 Growth Forecast At Oct Meeting: Reuters

Oct-20 08:44

Reuters sources on the BOJ's growth forecasts:

  • " BOJ MAY SLIGHTLY REVISE UP ECONOMIC GROWTH FORECAST FOR FISCAL 2025 AT OCTOBER POLICY MEETING, SOURCES SAY" Reuters
  • "BOJ LIKELY TO MAINTAIN VIEW ECONOMY ON COURSE FOR MODERATE RECOVERY, DESPITE HEADWINDS FROM U.S. TARIFFS, SOURCES SAY" Reuters