Electric power demand drops by 2.1% in the first quarter

Electricity demand

The nation’s electricity demand is estimated at 130,800 GWh over the first six months of 2019; down by 2.1% from the levels recorded in the first semester of 2018, according to the data provided by Red Eléctrica de España.

According to REE, the demand stood at 21,329 GWh in June, down by 1.3% from the same month in 2018.

Lesser impact of the GDP on the electricity demand

The first half of the year also evidenced a disassociation between variations in power demand and the national GDP. This separation stems, among other reasons, from a rise of energy efficiency and changes in the consumption habits.

This new scenario, also happening in other countries like France and Germany, has been analyzed by Red Eléctrica in its study “Electricity demand and economic activity: A change of the paradigm?”

The study concludes that in recent years, the relation between power consumption and the GDP has moderated, especially when compared to the relation recorded during the economy’s expansive period, partly due to Spain’s process of convergence to European standards.

The lower relation between energy consumption and the GDP could also be seen in other EU countries, the study added.

Renewable share

According to the estimations, energy from renewable sources accounted for 33.3% of the overall production in June. Also, zero-emissions sources accounted for 55.9% of the energy consumed in the country in the same month.

Wind power production stood at 3,247 GWh, up by 23.4% from last year and accounting for 15.6% of national production. Furthermore, wind was the biggest renewable source in June with a production of 27,229 GWh, accounting for 21.4% of the energy mix.

Lower power demand from the peninsula

In the Spanish Peninsula, electricity demand stood at 20,043 GWh in June, down by 1.4% from the same month in 2018.

Over the first six months of 2019, electricity demand in the peninsula was estimated at 123,508 GWh, 2.2% lower than in 2018.

According to the data, in this month 34.6% of the Peninsula’s power generation came from renewable sources and 58.6% came from zero-emissions technologies. For its part, wind energy provided 3,173 GWh, up by 23.3% from last June, and accounting for 16.1% of the energy mix.

Growth in Baleares and Canarias

In the Baleares islands, electricity demand stood at 542,429 MWh in June, up by 1.1% from the previous year. Taking into account the effects of the seasons and the temperatures, this figure increases by 1% from last year. In the first half of 2019, the electricity demand in Baleares is estimated at 0.3% less than in 2018.

Combined cycle was the number one generation source in Baleares with 41.4% of the total; while renewables and zero-emissions technologies accounted for 7.3%.

For their part, power demand in the Canary Islands stood at 708,335 MWh, 0.1% more than in June of 2018. Taking into account the effects of the seasons and the temperatures, the demand has maintained from the previous year. From January to June, the demand in the Canary Islands is estimated at 4,304,150 MWh and increased 0.2% from the same period in 2018.

Combined cycle was also the leading generation source in the Canary Islands, standing at 31.6% of the total. Renewables and zero-emissions technologies accounted for 13.1% of the total

For more information, check Energía16

See also: The CNMC proposal to reduce the returns for gas and electricity impacts the market

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