Electricity consumption of large companies falls 2.3% in July

The electricity consumption of large and medium-sized companies decreased 2.3% compared with the same month last year, according to data from the Red Eléctrica Index (IRE). Broken down by sector, industrial consumption fell 3.5% and consumption in the services sector there was a fall of 0.2%. The effects of seasonal and working patterns were factored in when calculating this data.

Compared to July 2017, focussing purely on the five activities with the highest electricity demand, the metallurgy industry decreased 5.9%, the chemical industry fell 11%, the manufacturing industry for other non-metallic mineral products rose 3.1%, the food industry increased 0.9% and the paper industry fell 3.0%.

The activities that contributed most to the consumption of large companies in July were: the supply of electricity, gas, steam and air conditioning which increased 19.2%, the manufacturing industry for other non-metallic mineral products (3.1%), the manufacturing of motor vehicles, trailers and semi-trailers (3.3%), other extractive industries (9.5%) and the manufacturing of electrical equipment and materials (5%).

Analysing the data of the last twelve months, the electricity consumption of these companies, after having factored in the effects of seasonal and working patterns, has increased by 1%, year-on-year. By sectors, industry consumption grew by 0.2% and services by 1.3%.

All the monthly electricity consumption data for each of the economic activities can be found in more detail in the IRE section of the Red Eléctrica website.

The IRE is an indicator which aims to provide information on the evolution of the electricity consumption of all large and medium-sized companies, defined as those with a contracted capacity above 450 kW. The measurements are collected at more than 23,400 points of approximately 13,900 companies. The consumption taken into account by the IRE represents about 47% of the total electricity demand, the remaining demand corresponds to residential consumers and other types of consumption.

 

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