Electricity consumption in Southeast Europe continued to fall in the 11th week (March 13 – 19), due to the increase in average temperatures.
Demand for electricity decreased in most markets in the region, except in Bulgaria, Turkey and Serbia, where demand increased compared to the previous week, by 6 percent, 3 percent and 1 percent, respectively, to 757 GWh, 5,896 GWh and 710 GWh .
On the other hand, Hungary recorded the biggest drop in consumption – by 7 percent. In Croatia, consumption fell slightly, by 1 percent, under the influence of rising average temperatures.
Greece and Romania maintained stable demand for electricity.
As for cross-border electricity trade, net electricity imports in the SEE region were up 26 percent in the 11th week to 1.24 TWh.
Greece recorded a 34 percent increase in net imports to 150 GWh, as electricity consumption was at the same level as the previous week, but thermal energy production decreased.
During the 11th week, Hungary was the only country in the region to reduce the volume of electricity imports compared to the 10th week, recording a significant drop of 38 percent, to a total of 194 GWh.
Serbia maintained its export position in the 11th week, recording a drop in net exports of 11 percent compared to the 10th week, to 77.6 GWh.
At the same time, Romania, as the largest exporter of electricity in the region, recorded a drop in net exports also by 11 percent, with a volume of net exports of 105 GWh.
Bulgaria is the third largest exporter of electricity in SEE for the 11th week, with a gap between exports and imports of 52 GWh, which is 46 percent less than the previous week.
For the third week in a row, Croatia maintained its position as a net exporter of electricity, with exports falling to 19.5 GWh.