During the week of December 30, 2024, electricity demand rose across most major European markets compared to the previous week. The German market saw the largest increase, with demand rising by 8.6%. The British and French markets followed closely, with increases of 7.6% and 7.0%, respectively. Other markets such as Italy, Spain, Belgium, and Portugal saw more moderate growth, ranging from 2.6% in Italy to 6.2% in Portugal. However, the Dutch market experienced a decline in demand, down by 8.6%.
As the first week of 2025 began, average temperatures dropped in most of the analyzed markets, ranging from a decrease of 0.2°C in Belgium to 2.0°C in the UK. Germany was the only exception, where temperatures rose slightly by 0.1°C. These lower temperatures, combined with the return to normal work activity after the Christmas holidays, led to an increase in electricity demand during the first week of 2025.
Looking ahead to the second week of January, according to AleaSoft Energy Forecasting’s demand forecasts, electricity demand is expected to continue rising in Germany, Italy, the UK, Belgium, the Netherlands, Spain, and Portugal, while a decrease in demand is anticipated in France, AleaSoft reports.
