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Skiers' Delight Melts Into Summer Slump for Nordic Power Buyers

2015-04-27 12:40:56| Appliances - Topix.net

As rising temperatures melt the snow pack, it'll swell dams and rivers and spin turbines at the hydroelectric plants that provide more than half the region's power. Erik Bergstroem, a power manager at Scandem AB, says if the wet weather continues, prices will probably slump more than 50 percent in July to levels not seen for three years.

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