POWER
Italian hydropower reserves further declined for the seventh consecutive week last week – calendar week 35 – to 3.24TWh, down from 3.34TWh the week before, Entso-E data showed.
- Reservoir levels declined by 0.10TWh last week, compared with a weekly decline of 0.09TWh the week prior.
- Stocks widened their deficit to the 5-year average to 0.13TWh, down from 0.07TWh the week prior.
- And reservoir levels were 0.30TWh below 2023 levels, compared with 0.11TWh the week before.
- Power demand in Italy averaged 35.44GW last week, up from 30.81GW the week before.
- Demand surged as high as 49.5GW last week – the highest since 2 Aug – due to high cooling demand, Terna data showed.
- Run of river generation last week declined by 331MW to 3.79MW. Output from pumped storage edged higher by 68MW to 569MW, while output from reservoirs was broadly stable at 635MW.
- Italian gas-fired generation last week rebounded by 4.07GW to 14.77GW.
- Solar PV output last week edged lower by 123MW to 4.35GW. Wind output increased by 397MW to 1.56GW.
- Precipitation Torino last week totalled 79.25mm – well above the seasonal normal of 5.63mm.
- Looking forward, ECMWF weather forecasts for Torino – close to Italy’s hydro-intensive region – continue to suggest above normal precipitation to total 67.96mm this week, compared with the seasonal normal of 7.35mm.
Italy’s hydrobalance is forecast to end this week negative at -2.86TWh. The balance is forecast to remain negative until at least 19 Sept.
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