Region, Decrease in net import by 36%, to 934 GWh, SEE Energy News
Demand for electricity increased in all markets of Southeast Europe in the period from November 28 to December 4, with the exception of Romania, by 2.6%, to 16.4 TWh. The increase in demand during this week was favored by the drop in temperatures in all countries of the region, especially in Bulgaria, where average temperatures dropped by more than 3°C.
During the autumn, most of the continent recorded warmer than average temperatures, but the first week of December saw a cold snap in most countries. The largest increase in electricity demand in the region was recorded in Bulgaria and Greece, where weekly electricity consumption increased by 12% and 6%, respectively, compared to the previous week.
In Serbia and Croatia, consumption increased by 5% and 4% respectively, to a total of 757.2 GWh and 354 GWh. Romania was the only country in the region to reduce demand by 23%, to 1.08 TWh, thanks to an increase in average temperature compared to the previous week.
At the same time, the net import of electricity in the region decreased by about 36%, to 934 GWh, as a result of higher electricity prices.
Net electricity imports fell in most markets, except in Serbia, where Greece saw net imports fall by as much as 80%, as it recorded high hydropower production. At the same time, the Hungarian trade volume decreased by about 16%.
Croatia moved to the position of net importer this week, from the position of net exporter last week, with net import of 77 GWh. Romania maintained its position as a net exporter with 64.3 GWh. Bulgaria remained the main exporter of electricity in the region, with net exports falling by 185.5 GWh (by about 14%), as a result of rising prices.