Demand for electricity in Southeast Europe recorded a decrease in the 10th week (March 5 – 12, 2023) compared to the previous week, thanks to relatively warm weather. Demand in SEE fell by 3 percent in this period, to 15.6 TWh in total.
Bulgaria and Serbia recorded the biggest drop in demand for electricity, by 8 percent and 7 percent respectively, followed by Croatia (-6 percent) and Romania and Greece, which recorded a drop in demand by 4 percent.
As for cross-border electricity trade, net electricity imports in the SEE region in the 10th week decreased by 17 percent to 990 GWh, which is attributed to higher production of renewable energy sources.
Greece recorded a drop in net imports to 112.5 GWh, as electricity consumption was low and production from renewable energy sources contributed to covering consumption.
During the 10th week, Hungary increased the volume of electricity imports compared to the ninth week by 11 percent, to 320 GWh.
Serbia maintained its export position in the 10th week, with a 125 percent increase in net exports. Net export reached 88 GWh.
At the same time, Romania remained the largest exporter of electricity in the region, recording an increase in net exports by 3 percent, to 119 GWh. Bulgaria registered a net export of electricity of 96 GWh, which is 6 percent more compared to the ninth week.
Croatia maintained its position as a net exporter of electricity for the second week in a row, with an export balance of 29 GWh.
