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A winter without snow depletes Europe's clean energy reservoir [Los Angeles Times (CA)]

NORSK HYDRO A S ADS (NHYDY) 
NASDAQ:AMEX Investor Relations: hydro.com/en/investor-relations
Standing atop the Vatndals dam on a recent day, hydrologist Sverre Eikeland looked out over craggy slopes that should still be blanketed in white powder. The reservoir, large enough to fill nearly half a million Olympic swimming pools, depends on spring melt to replenish and generate electricity through hydropower. But after Norway's driest winter in decades, the water level is far below where it should be, prompting companies to limit outflows. “Less snow means less energy stored in that snow,” said Eikeland, who advises power utility A Energi. “There should be more.” Norway, with its thousands of dams, is often called Europe's biggest battery. Under normal conditions, the country's hydropower system produces enough electricity to all meet domestic demand for electricity and export it as well. Last year, net sales abroad amounted to about 15% of its production. But months of dry weather have upended that pattern. This winter was Norway's coldest since 2010, the result of persi Show less Read more
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