The electricity consumption of large and medium-sized companies fell 0.6% in October compared with the same month the previous year, according to data from the Red Eléctrica Index (IRE). Broken down by sector, industrial consumption fell 0.9% and consumption in the services sector decreased 0.7%. The effects of seasonal and working patterns were factored in when calculating this data.
According to the IRE, in the last twelve months, the electricity consumption of these companies, once the effects of seasonal and working patterns were factored in, has decreased by 0.6% over the same period the previous year. By sector, industrial consumption decreased 0.8% and services fell 1%.
Compared to October 2015, of the five activities with the highest electricity demand, the metallurgy industry decreased by 6.4% and the chemical industry increased by 2.3%, the manufacturing industry for other non-metallic mineral products by 5.4%, the food industry by 1.3% and the paper industry by 1.3%.
The activities that contributed most to the growth in consumption of large companies in October were: the manufacturing industry for other non-metallic mineral products with an increase of 5.4%, the chemical industry (2.3%), the collection, purification and distribution of water (5.6%), the warehouse & storage industry and activities connected to transport (2.2%) and the manufacturing of electrical material and equipment (6.6%).
The monthly electricity consumption data of 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 represented by the IRE represents about 47% of the total electricity demand, the rest of demand corresponds to residential consumers and other types of consumption.
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