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EU Solar PV Output to Surge This Summer

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European solar PV output is forecast to surge this summer amid new capacity installations according to BNEF.

  • Spanish solar PV output is forecast to rise to 10.6GW in July, up by 51.9% on the year. In summer, Spanish solar PV demand is forecast to average 9.6GW, up by 52.8% on the year.
  • Italian solar PV output during summer is forecast to average 4,4GW, up by 15.4% on the year.
  • German solar PV output is expected at 12.5GW during summer, up by 33.5% year on year.
  • Wind output in all six markets is forecast to decline next month, with output forecast to be 18% down on the year on average.
  • French nuclear availability in July is forecast to rise by 6% on the year to 34GW. Nuclear generation is forecast to average 35GW for the rest of the summer, up by 3% on the year.
  • For 2024, BNEF expects French nuclear generation at 341TWh – in line with EdF estimates – and up from 320TWh in 2023.
  • On the demand side, German power demand is forecast to average 50.1GW this summer, up by 2.1% on the year.
  • French electricity consumption this summer is forecast to average 41.3GW this summer, down by 0.3% on the year.
  • Spanish demand is forecast to rise by 0.6% on the year to average 27.2GW this summer, while Italian demand is estimated to be down by 0.8% on the year at 32.8GW.

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European solar PV output is forecast to surge this summer amid new capacity installations according to BNEF.

  • Spanish solar PV output is forecast to rise to 10.6GW in July, up by 51.9% on the year. In summer, Spanish solar PV demand is forecast to average 9.6GW, up by 52.8% on the year.
  • Italian solar PV output during summer is forecast to average 4,4GW, up by 15.4% on the year.
  • German solar PV output is expected at 12.5GW during summer, up by 33.5% year on year.
  • Wind output in all six markets is forecast to decline next month, with output forecast to be 18% down on the year on average.
  • French nuclear availability in July is forecast to rise by 6% on the year to 34GW. Nuclear generation is forecast to average 35GW for the rest of the summer, up by 3% on the year.
  • For 2024, BNEF expects French nuclear generation at 341TWh – in line with EdF estimates – and up from 320TWh in 2023.
  • On the demand side, German power demand is forecast to average 50.1GW this summer, up by 2.1% on the year.
  • French electricity consumption this summer is forecast to average 41.3GW this summer, down by 0.3% on the year.
  • Spanish demand is forecast to rise by 0.6% on the year to average 27.2GW this summer, while Italian demand is estimated to be down by 0.8% on the year at 32.8GW.