Energy & Science
Italy Leads Power Demand Recovery as Lockdowns Lift in Europe
- Lockdowns beginning to ease across Europe over the next week
- Data from grid operators is a sign of economic activity
A worker finishes a hand sanitizing station for a hospital as work resumes at a factory near Rome, on May 4.
Photographer: Alessia Pierdomenico/BloombergThis article is for subscribers only.
Italy’s electricity demand jumped on Monday as lockdown restrictions were loosened, signaling that an economic recovery may be on its way.
While consumption rose in France and Britain and held steady in Germany and Spain from the previous week, it’s not clear how quickly demand will recover or if it’ll ever reach pre-crisis levels as the threat of a deep recession looms. Across the European Union demand for power was stable compared with the previous seven days, according to data from Finnish energy technology company Wartsila Oyj.