MNI BRIEF: Ex-BOC's Poloz Sees 20% CAD Drop In Trade War

MNI BRIEF: Carney Says US Tariffs Will Boost Inflation, Rates

MNI: US JAN FINAL SERVICES PMI 52.9 (FLASH: 52.8); DEC 56.8

MNI NBP WATCH: Rates Held At 5.75%, Trump Risk Highlighted

MNI BRIEF: U.S. Wage Growth Stagnating At Strong Levels - ADP

MNI China Daily Summary: Wednesday, February 5

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Wednesday

EZ/UK Bond Supply Calendar: Spain, France Auction; Finland ORI

US EIA: CRUDE OIL STOCKS EX SPR +8.66M TO 423.8M JAN 31 WK

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

POWER: Czech Power Demand Edges Lower in 2024

POWER
Energy BulletsCzech RepublicBulletPower BulletsCentral and Eastern EuropeCommodities

Czech electricity consumption in 2024 – adjusted for temperatures – declined by 0.6% on the year, Amper Group said, cited by Reuters. 

  • Power demand last year was 8.5% below the five-year average.
  • Czech natural gas consumption, adjusted for temperatures, increased by 1.5% on the year in 2024.
  • Natural gas consumption declined by 16.7% compared to the five-year average.
  • Energy consumption in the Czech Republic was partly lower in 2024 due to milder weather, limiting demand for heating, despite higher cooling demand in summer with above-average temperatures.
  • On the supply side, Czech renewable power generation increased by 22% on the year in 2024 and by almost 50% compared with the five-year average. 
111 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Czech electricity consumption in 2024 – adjusted for temperatures – declined by 0.6% on the year, Amper Group said, cited by Reuters. 

  • Power demand last year was 8.5% below the five-year average.
  • Czech natural gas consumption, adjusted for temperatures, increased by 1.5% on the year in 2024.
  • Natural gas consumption declined by 16.7% compared to the five-year average.
  • Energy consumption in the Czech Republic was partly lower in 2024 due to milder weather, limiting demand for heating, despite higher cooling demand in summer with above-average temperatures.
  • On the supply side, Czech renewable power generation increased by 22% on the year in 2024 and by almost 50% compared with the five-year average.