In mid-April, electricity demand across major European markets displayed a notable recovery, reversing the previous week’s decline. Germany led the charge with a significant increase of 9.8%, while Great Britain followed with a rise of 6.0%. Italy and France also contributed to this upward trend, recording demand increases of 4.1% and 2.8%, respectively.
On the Iberian Peninsula, the demand growth was more subdued, with Portugal experiencing a modest rise of 0.9% and Spain showing a slight increase of 0.3%. However, Belgium stood out as the only market that deviated from this general upward trend, where electricity demand saw a minor decrease of 0.1%.
The fluctuations in electricity demand coincided with varying temperature dynamics across the continent. Germany noted an average temperature increase of 2.5°C, while Italy saw an uptick of 2.1°C. In contrast, Great Britain’s temperatures remained stable, whereas several other markets experienced slight declines—Spain and Portugal both recorded drops of 0.2°C, and France faced a more significant decrease of 0.6°C.
Looking ahead to the week commencing April 20, forecasts suggest that the upward momentum in electricity demand may reverse once again. Predictions indicate a decline in consumption in key markets such as Germany, France, Italy, and Great Britain, while demand in Portugal is expected to stabilize. Conversely, Spain and Belgium are anticipated to see slight increases in their electricity consumption, highlighting an emerging pattern of fragmented and uneven demand across Europe.
