In the second week of June, electricity demand increased across most major European markets compared with the previous week. Italy recorded the largest weekly rise at 7.3%, while Germany increased by 5.7%. The figures marked a rebound after two consecutive weeks of declining demand in Germany.
Demand also grew in France, Spain, Belgium, and Portugal. Weekly increases ranged from 0.5% in France and Spain to 3.9% in Portugal. Spain extended its positive trend, posting its fourth consecutive week of demand growth.
Temperature changes support higher consumption
Average temperatures rose across most of the analyzed countries during the same period, supporting higher electricity consumption. Portugal recorded the largest temperature increase at 1.1°C, while France saw a rise of just 0.1°C. Italy and Spain experienced temperature increases of 0.7°C and 0.8°C, respectively.
Temperatures declined in Great Britain, Belgium, and Germany. The reported drops ranged from 0.9°C in Great Britain to 1.7°C in Germany. These changes coincided with the weekly demand patterns observed across the markets.
Holiday effects lift demand in Italy, Portugal and Germany
In Italy and Portugal, electricity demand was additionally supported by a rebound in business activity after public holidays. Italy’s public holiday was Republic Day on June 2. Portugal’s was Corpus Christi on June 4.
Germany also saw a recovery in business activity following regional celebrations of Corpus Christi. This contributed to higher consumption levels during the second week of June. The impact was reflected alongside the broader weather-driven demand movement.
AleaSoft forecasts further growth in the third week of June
AleaSoft Energy Forecasting expects electricity demand to increase across all major European markets in the third week of June. The forecast points to a continued upward trend in regional consumption, according to AleaSoft reports.