In the second week of September, electricity demand saw a notable decline across most major European markets compared to the previous week. Italy experienced the largest drop, with demand falling by 9.7%. The Dutch and British markets also reported significant decreases of 6.6% and 6.1%, respectively. Other markets, including Spain, Germany, Belgium, and France, saw reductions ranging from 4.5% in Spain to just 0.3% in France. This marks the second consecutive week of declining demand in the Italian, Spanish, and French markets.
Conversely, Portugal was the exception, reporting a 2.0% increase in demand compared to the previous week.
Average temperatures during the week of September 9 decreased across most of the analyzed markets. Germany, the Netherlands, and Belgium saw the largest temperature drops, with decreases of 9.3°C, 7.9°C, and 6.1°C, respectively. Spain, Great Britain, Italy, and France experienced smaller reductions in average temperatures, ranging from 1.1°C in Spain to 4.8°C in France. Portugal was unique in recording a slight temperature increase of 0.4°C.
Looking ahead to the week of September 16, AleaSoft Energy Forecasting predicts a continued decline in electricity demand for Spain, Italy, Portugal, France, and Germany. In contrast, demand is expected to rise in the Netherlands, Great Britain, and Belgium, AleaSoft reports.