In the week of September 23, electricity demand across major European markets exhibited a mixed trend for the second consecutive week. The Dutch and British markets saw the most significant increases, with demand rising by 8.2% and 7.1%, respectively. Germany and France also experienced growth, though at a lower rate, with increases of 2.5% and 1.8%. Notably, demand in the French and British markets grew for the second week in a row.
Conversely, demand declined in several other key markets. The decreases were relatively uniform, ranging from 0.5% in Belgium to 1.6% in Spain. Portugal and Italy experienced declines of 1.4% and 1.0%, respectively. It’s important to highlight that Spain and Italy have now seen demand decrease for four consecutive weeks.
Average temperatures in most analyzed markets fell, with reductions varying from 0.3 °C in Spain to 4.0 °C in Great Britain. Italy was the exception, experiencing a temperature increase of 1.9 °C.
Looking ahead to the week of September 30, forecasts from AleaSoft Energy Forecasting indicate that demand is expected to rise in the French, Belgian, and British markets. In contrast, a decline in demand is anticipated for the German, Dutch, Italian, and Iberian markets, AleaSoft reports.
