In the first week of December, electricity demand increased in most major European markets. The Belgian market saw the largest rise at 6.2%, followed by a 0.9% increase in Great Britain. Both markets reversed the downward trend observed the previous week. In Germany, Italy, Portugal, and Spain, demand rose between 0.2% in Germany and 0.6% in Spain, marking five consecutive weeks of growth. France was the exception, with demand falling by 1.5%, the second week of decline.
During the week, all analyzed markets experienced higher average temperatures compared to the previous week. Italy and Belgium recorded the largest increase at 1.0 °C each. In Germany, Great Britain, Spain, France, and Portugal, temperatures rose between 0.2 °C in Germany and 0.7 °C in Portugal.
For the second week of December, AleaSoft Energy Forecasting predicts that electricity demand will decrease across all analyzed markets, mainly due to milder temperatures. In Spain and Italy, demand will also be affected by the holiday on Monday, December 8, Immaculate Conception Day, AleaSoft reports.
