Heavy rainfall drenched southern Scandinavia on Monday, causing a train to derail and roads to flood in what officials in Sweden and Norway warned could become the most extreme wet weather system to hit the region in decades.
Swedish and Norwegian meteorologists issued red alerts, the most severe warning level, covering several days this week and said the hardest hit places could receive a month or more worth of normal rainfall in 24 hours and the worst floods in 25 years in Norway, or even 50 years for Sweden.
Gale force winds and thunderstorms knocked out local power lines and disrupted several Baltic and North Sea ferries as well as some air traffic, while Norway suspended certain train services and postponed a number of outdoor football matches. Authorities warned those most affected to stay away from rivers and steep slopes and only travel when strictly necessary. They said there was a high risk of widespread property damage as the downpour was set to continue in the coming days.
Power prices plunged across the region, which relies heavily on hydropower for electricity, as reservoirs were seen filling more rapidly than normal, with contracts for the next quarter and next year down 11% and 6%, respectively, at 1243 GMT.
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