BMI View: This quarter we have revised up our 2013 forecasts for Denmark’s non-hydropower renewable generation due to the commencement and completion of several wind projects in the region. We have also slightly revised down our medium/long-term forecasts for Finland and Sweden to take into account a less than expected consumption demand in Sweden in 2015 and reported delays in the construction of the Olkiluoto 3 nuclear plant. 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 terms of our consumption …
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