Supported byClarion Energy
HomeMarketsEurope: Power demand...

Europe: Power demand diverges as Germany and Portugal rise while Southern markets decline

During the week of September 14, electricity demand increased in Belgium, Germany and Portugal, compared with the previous week. Belgium recorded the strongest growth, with demand rising 1.5% after two consecutive weeks of declines. Germany followed with a 1.4% increase, extending its growth streak to four consecutive weeks, while Portugal posted a 1.0% rise for the third week in a row.

By contrast, electricity demand declined in Italy, Spain, Great Britain and France. Italy recorded the steepest drop, at 7.3%, while demand in both Spain and Great Britain decreased by 4.0%. France saw a more moderate 1.0% decline. Italy, Spain and France each recorded lower demand for the second consecutive week.

Average temperatures also declined across Italy, Spain, Portugal, Germany and France during the week. Italy experienced the largest decrease, with temperatures falling by 1.8°C, followed by Spain at 1.3°C and Portugal at 1.2°C. Germany and France recorded smaller declines of 0.4°C and 0.2°C, respectively. Meanwhile, average temperatures increased by 0.5°C in both Great Britain and Belgium.

For the week beginning September 21, AleaSoft Energy Forecasting expects electricity demand to increase in Portugal, while demand is forecast to decline in Italy, Germany, France, Belgium, Great Britain and Spain. According to AleaSoft, the outlook points to continued divergence in electricity consumption trends across major European markets, AleaSoft reports.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Brent, TTF gas and CO₂ prices remain high amid Middle East supply risks

On Tuesday, September 15, front-month Brent crude oil futures on the ICE market reached a weekly settlement high of $108.75/bbl. According to data analyzed by AleaSoft Energy Forecasting, this marked the highest settlement price since May 20. Prices subsequently...

Europe: Power prices decline across major markets as Italy records an increase

Weekly average electricity prices declined across most major European markets during the third week of September, with Italy the only market to record an increase. Great Britain posted the sharpest decline, at 23%, followed by the Nordic market at...

Europe: Solar generation declines as wind power output increases across major markets

During the week of September 14, solar photovoltaic generation declined across all major European electricity markets compared with the previous week. Portugal recorded the sharpest decrease, at 10%, following two consecutive weeks of growth. Solar output in France and...
Supported byVirtu Energy