Germany switches on power slowly after lockdown: research
FRANKFURT: German electricity consumption is 6.6 per cent below levels normal for this time of year and it will take time to rise as lockdown measures to contain the coronavirus crisis are eased gradually, public sector research showed on Wednesday.
Germany, Europe’s leading power market with 511 terawatt hours (TWh) of annual consumption lost up to 7.5 per cent of power usage on workdays during stricter lockdowns in recent weeks, the non-profit Kiel Institute for the World Economy (ifw) said in a statement.
The institute, which is one of the top economic advisors to the government, added “a short-term rebound after the decisions to ease restrictions is not yet evident”.
