BMI View: This quarter we have revised up our 2013 forecasts for non-hydropower renewable generation for the Nordics this quarter due to the commencement and completion of several wind projects in the region. We have also revised up our long-term forecasts for Finland and Sweden on the back of a strong project pipeline, but revised down our forecasts for Denmark due to the country’s better-than-expected progress in meeting its renewable energy targets. That said, we maintain our view that the ongoing sovereign debt crisis in the eurozone remains the major risk factor for the three Nordic countries considered here in …
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