After two years of falling power demand, it is natural to ask whether demand will continue to fall in 2024. Comparing power demand in 2022 and 2023 with the 2016-21 period shows a clear reduction from the second half of 2022 onwards. This was due to mild winter temperatures and demand destruction following high electricity prices. Understand the trends and get an in-depth analysis of the impact of the energy transition on the European power sector with our whitepaper.