Electricity consumption of large companies increased 3.5% in February

In February, the electricity consumption of large and medium-sized companies increased by 3.5% in comparison to the same month last year, according to data from the Red Eléctrica Index (IRE). Broken down by sector, industrial consumption grew by 5.6% and the services sector dropped 1.4%. The effects of seasonal and working patterns have been factored in when calculating this data.

According to the IRE, in the last twelve months, electricity consumption of these companies, after having factored in the seasonal and working patterns, increased by 0.9% compared with the same period last year. By sector, industry consumption rose by 3.2 % and services fell by 3.2%.

The five activities that contributed most to the growth in consumption of large companies in February were: the metallurgic industry with an increase of 4.8%, the chemical industry (10.4%), the manufacturing for other non-metallic mineral products (6.8%), the food industry (4.2%) and the paper industry (3.5%).

The monthly electricity consumption data corresponding to each of the economic activities can be found in more detail in the IRE section on Red Eléctrica’s website.

The IRE is an indicator which aims to provide information regarding the evolution of the electricity consumption of all large and medium-sized companies, defined as those with a contracted capacity greater than 450 kilowatts. The power measurements are collated from more than 21,500 points of approximately 13,200 companies.

Red Eléctrica receives this data from distributors, but the data is not definitive until ten months have elapsed since its publication. During this period, the data is provisional, and therefore, may vary.

 

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