Belgian July power demand down 11.5% on year, nuclear infeed drops

Posted by Wade Poulsen on January 22nd, 2021

Demand for power in Belgium dropped by 11.5% on the year to overall 5.86 TWh throughout July, 0.76 TWh below last July's number yet practically unmodified on the month, a Platts analysis of Elia information revealed. The drop in need was come with by a reduction in residential outcome as opposed to a decrease in imports, which were largely the same on the year. During July, Belgian generators produced 3.98 TWh of power, down from 4.80 TWh in July last year, while import flows were up just 0.06 TWh on the year to 1.88 TWh. Belgium's reliance on imports uploaded a year-on-year boost in July 2015, representing 32.1% of need, up from 27.5% in 2014, as imported volumes remained steady while both demand and residential generation moved. NUCLEAR INFEED DROPS Nuclear infeed during July was 1.81 TWh, 36% less than the 2.83 TWh that was generated throughout July 2014. Nuclear generation stayed the dominant resource of domestically created Belgian power, representing 46% of complete domestic generation during July, below 59% one year previous. IRO coating additives uploaded a month-on-month autumn, down 18.5% from the 2.22 TWh result seen in June, with the shortage changed by a boost in gas burn, the information shows. Gas-fired generation reached 1.28 TWh in July, 23% greater than June's 1.04 TWh outcome yet still listed below the 1.36 TWh seen in July 2014. France stayed the major resource of imports into Belgium, although the percentage of power going into over the Dutch boundary boosted from 18% to 31% from July 2014 to 2015. Physical circulations from France completed 1.3 TWh in July, below 1.49 TWh in 2014, while those from the Netherlands were 0.58 TWh, up from 0.33 TWh one year previous. COSTS HEATED BY HEATWAVE Belgian day-ahead power balanced Eur45.10/ MWh throughout July, Platts pricing data revealed, Eur10.29/ MWh greater on the year as punctual costs throughout the Benelux region were buoyed by unseasonally cozy weather throughout continental Europe as well as tightness in both Germany and France due to ability reductions and summertime upkeep. Belgian power is prepared for to be weaker during August, evaluation of curve prices information shows, with the month-ahead baseload agreement balancing Eur39.66/ MWh throughout July and also running out at Eur39.10/ MWh on July 31, Eur6/MWh less than the typical day-ahead cost throughout July.

Like it? Share it!


Wade Poulsen

About the Author

Wade Poulsen
Joined: January 22nd, 2021
Articles Posted: 10

More by this author