With the cooling, the demand for electricity increased moderately in the period from November 21 to 27 in all markets of Southeast Europe, by 2.8%, to 15,998 GWh. The largest increase in electricity demand in SEE was recorded in Croatia and Serbia, where weekly electricity consumption increased by 9.1% and 5.8%, respectively, compared to the previous week. In Romania, Greece and Hungary, electricity demand increased by 3.1%, 2.5% and 2.8%, to a total of 1,109 GWh, 882 GWh and 912 GWh, respectively.
Bulgaria is the only country that has kept its electricity demand relatively stable, at around 806 GWh.
As for cross-border electricity trade, net electricity imports were higher by 3.3% across the region and amounted to 1,472.5 GWh, due to higher demand.
The net import of electricity increased in most markets, except in Serbia. Greece and Hungary recorded the highest net import of electricity, increased by 39.7% and 14.6%, respectively.
Serbia traded electricity with a smaller capacity, by 41%. Romania and Croatia moved to the position of net exporters in the period from November 21 to 27, recording net exports of 24.1 GWh and 1.1 GWh, respectively.
Bulgaria remained the main electricity exporter in the region with net electricity exports growing to 216.5 GWh (+4.77 GWh), as a result of competitive electricity prices.