Tag Archives: electricity demand

ABB Expands Medium-Voltage Production Capacity Across Europe to Support Power Grid Modernization

(IN BRIEF) ABB will invest approximately $200 million across Europe over the next three years to expand medium-voltage manufacturing capacity and support the modernization of electricity grids. The investment program includes a major new $100 million facility in Italy focused … Read the full press release

ENTSO-E Explores How AI-Driven Data Centre Growth Is Reshaping European Electricity Networks

(IN BRIEF) ENTSO-E has published a new report examining the growing role of data centres within Europe’s electricity system as artificial intelligence and digital services continue to drive rising power demand. The study explores how data centres are becoming systemically … Read the full press release

Fortum Calls for Early Policy Action to Enable Nuclear Investment and Strengthen Nordic Energy Competitiveness

(IN BRIEF) Fortum is advocating for early planning and policy development to support new nuclear power in Finland, positioning it as a key driver of economic growth, energy stability, and industrial competitiveness. Drawing on recent studies, including analysis by AFRY … Read the full press release

Schneider Electric report highlights industry shift toward AI-driven autonomy as energy demand and workforce pressures intensify

(IN BRIEF) Schneider Electric’s latest global research highlights a major shift in the energy and chemicals sector toward autonomous operations, with nearly half of processes expected to become fully autonomous by 2030 and a significant portion already operating at advanced … Read the full press release

Fortum Launches Feasibility Study to Expand Pumped Hydro Storage in Sweden

(IN BRIEF) Fortum has initiated a two-year feasibility study to explore the potential for new pumped hydro storage plants in Sweden, focusing on three specific regions: Lekstjärnen, Bastvålen, and Höljessjön. The study will assess the economic, technological, environmental, and regulatory … Read the full press release

ABN AMRO Advocates for Collaborative Solutions to Prevent Power Grid Congestion in the Netherlands

(IN BRIEF) Starting in 2026, the Netherlands is facing the risk of power grid congestion due to rising electricity demand, which could hinder the country’s energy transition. ABN AMRO’s latest report highlights the importance of cooperation between companies and grid … Read the full press release

EIB Provides €70 Million Loan for Stadtwerke Reutlingen’s Infrastructure Investment

(IN BRIEF) Stadtwerke Reutlingen has received a €70 million loan from the European Investment Bank (EIB) to modernize its electricity grid and expand its district heating network as part of Germany’s energy transition. The loan will fund infrastructure upgrades, including … Read the full press release

TenneT Leads Efforts to Address Grid Congestion in South Holland Amid Surging Electricity Demand

(IN BRIEF) TenneT, the high-voltage grid operator, announced that South Holland’s electricity grid has reached capacity for large consumers due to rising demand from heat pumps, EV charging stations, and industrial transitions to electricity. New applications for connections exceeding 3×80 … Read the full press release

Terna: electricity demand in Italy during July 2021 was 30.3 billion kWh, +4.9% YoY

IMCEI Index up and still above pre-Covid levels: positive growth in steel and engineering sectors; National monthly demand at 30.3 billion kWh: +4.9% over 2020. Renewables at 38% (PRESS RELEASE) ROME, 11-Aug-2021 — /EuropaWire/ — Terna, a transmission system operator in … Read the full press release

Terna’s early provisional data on electricity demand for 2013 in Italy shows the biggest fall since 2009

The biggest fall since 2009 Green production on the increase, traditional production declining Rome, Italy, 10-1-2014 — /EuropaWire/ — For the second year running demand for electricity in Italy has declined. Terna’s early provisional data on the electricity demand in 2013 show a … Read the full press release