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    Electricity consumption increased 1% in August, according to private report

    September 26, 2022 - CE Noticias Financieras


      Energy consumption in the whole country reached 11,781.4 gigawatt hours (GWh) in August, with a year-on-year increase of 1%, according to a report released today by the Foundation for Electricity Development (Fundelec).

      "This is the fifth consecutive increase since April", highlighted the entity, although it specified that in the detail by user class, only the commercial sector had an increase in demand (4.1%), while industrial and residential consumption showed slight year-on-year drops of 0.05% and 0.02%, respectively.

      On the other hand, the inter-monthly comparison showed a decrease of 6.8%, compared to the 12,638.9 GWh consumed in July.

      In the Buenos Aires Metropolitan Area (AMBA), where 36% of the country's total consumption is concentrated, the records of the Wholesale Electricity Market Administration Company (Cammesa) showed an increase of 0.2%, with increases of the same percentage values in the coverage area of Edenor and Edesur.

      In the rest of the country, 22 provinces and companies closed the month with increases; Formosa maintained the same levels as twelve months ago and in four cases (Chubut, Corrientes, Misiones and Chaco) there were decreases.

      As regards generation, hydro generation reached 2,655 GWh compared to 1,617 GWh in the same period of the previous year, which represents a positive variation of 64%.

      "Although low flows are still observed in the main basins compared to the expected values, mainly in Comahue, as in the last months, an improvement is highlighted, especially when compared to the same month of the previous year", the entity pointed out.

      Likewise, it pointed out that "with a lower thermal dispatch, fuel consumption ended up being lower" and in the case of alternatives, "although consumption was not high, an increase is observed", while a lower demand for natural gas was highlighted.

      In August, thermal generation continued to lead by far, with a production contribution of 49.81% of the requirements, while hydroelectric power plants contributed 21.58% of the demand, nuclear power plants provided 7.71% and alternative sources generators 12.91% of the total.

      On the other hand, imports represented 8% of demand, according to Fundelec.


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