The electricity consumption of large and medium-sized companies in November fell 4.2% compared with the same month last year, according to data from the Red Eléctrica Index (IRE). Broken down by sector, industrial consumption fell 5.4% and consumption in the services sector dropped 1.4%. The effects of seasonal and working patterns were factored in when calculating this data.
Compared to November 2017 and focusing purely on the five activities with the highest electricity consumption, demand from the metallurgy industry has fallen 7.3%, the chemical industry by 16.1%, the manufacturing industry for other non-metallic mineral products has increased 2.4%, the food industry has fallen 0.5% and the paper industry has grown by 3.5%.
The activities that contributed most to the consumption of large companies in November were: electricity, gas, steam and air conditioning supply which increased of 13.1%, manufacture of paper (3.5%), manufacture of other non-metallic mineral products (2.4%), accommodation services (6.9%) and other mining and quarrying industries (4.1%).
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 fallen 0.9%, year-on-year. By sector, industrial consumption has fallen 2.2% and consumption in the services sector has increased 1%.
All data regarding electricity consumption 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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