During the week of March 16, electricity demand declined across most major European markets compared to the previous week. Portugal recorded the largest drop, at 5.9%, followed by Spain with a decrease of 5.0% and France at 4.5%. Belgium, Germany, and Great Britain also experienced declines of 1.4%, 1.5%, and 3.8%, respectively. Spain and Great Britain extended their downward trend for a second consecutive week. In contrast, demand in Italy increased slightly by 0.2%, marking a reversal after six consecutive weeks of declines.
During the same period, average temperatures were generally milder than in the previous week across most analyzed markets. Portugal and Great Britain saw the largest increases in temperatures, rising by 1.5°C and 1.4°C, respectively. Belgium recorded the smallest increase at 0.2°C, while France and Spain experienced rises of 0.7°C and 1.0°C. On the other hand, Italy and Germany registered colder conditions compared to the previous week, with average temperatures decreasing by 0.9°C and 1.9°C, respectively.
For the last week of March, forecasts from AleaSoft Energy Forecasting indicate that electricity demand is expected to increase in Spain, Belgium, Great Britain, and France. Conversely, demand is projected to decline in Portugal, Italy, and Germany, Alea Soft reports.