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Europe: Mixed trends in electricity demand and temperature changes

In the week of September 2, electricity demand showed varied patterns across major European markets compared to the previous week. In the Netherlands, Great Britain, Germany, and Belgium, demand increased, aligning with the rise in working hours following the end of the holiday period. The Dutch market saw the largest increase, with a 17% rise, followed by Great Britain with a 12% increase. Germany and Belgium experienced smaller increases, with demand up by 3.3% and 1.1%, respectively. The German and British markets continued their upward trend for the second consecutive week, while the Belgian market maintained this trend for the fifth week in a row.

Conversely, demand fell in Spain, France, Italy, and Portugal, marking a shift from the previous week’s trend. Spain recorded the largest decline, with a 5.4% drop, while France saw a 1.3% decrease. Italy and Portugal experienced smaller declines of 0.8% and 0.3%, respectively.

During the first week of September, average temperatures decreased in most of the analyzed markets. Temperature reductions ranged from 0.5°C in Great Britain and Belgium to 3.0°C in Spain. Exceptions were Germany and the Netherlands, where temperatures increased by 1.2°C and 1.8°C, respectively.

For the week of September 9, AleaSoft Energy Forecasting’s demand forecasts suggest that demand will decrease in Spain, the Netherlands, Germany, Belgium, Italy, and France. Conversely, demand is expected to rise in Portugal and Great Britain, AleaSoft reports.

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