Southern Finland is reeling from Antti storm but the worst appears to have been averted. There have been no reports of major accidents despite atrocious conditions from sustained winds and heavy snowfall. The storm was unusual with easterly winds as opposed to usual south-western route. This was expected to contribute to tree damage sand has led to some record waves in the sea. Maximum sustained winds were 29 metres per second. Many passengers are stranded in Helsinki with trains running late and taxi service stretched to the limit. Around 20 000- 30 000 customers are without electricity but the situation should resolve rather quickly this time.
Fortum (OMX: FUM1V) and other companies seemed better prepared this time than last Christmas time when Tapani and Hannu storms raveged the network. Weather conditions are expected to improve by tomorrow. Harsh winter has arrived to most of of the region and temperatures are expected to fall well below freezing even in the southernmost parts of Nordic countries by next week. Northern regions will see a drop to over -20 degrees Celsius in what is sure to rise until now depressed electricity prices.
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