Electricity consumption of large companies increased 0.4% in May

The electricity consumption of large and medium-sized companies grew 0.4% compared with the same month last year, according to data from the Red Eléctrica Index (IRE). Broken down by sector, industrial consumption fell 0.5% and consumption in the services sector rose 2.2%. 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, increased 1.6% over the same period year-on-year. By sector, industrial consumption has grown 1.3% and the services sector consumption has risen 1%.

Compared to May 2017, of the five activities with the highest electricity demand, the metallurgy industry has increased 2%, the chemical industry has fallen 14%, the manufacturing industry for other non-metallic mineral products has risen 3.8%, the food industry has increased 1.4% and the paper industry has dropped 6.8%.

The activities that contributed most to the consumption of large companies in May were: the metallurgy industry with an increase of 2%, the manufacturing of other non-metallic mineral products (3.8%), the lodging and accommodation services sector (15.7%), land transport and transport via pipelines (3.2%) and the manufacturing of electrical equipment and materials (7.4%).

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 power capacity over 450 kilowatts. The measurements are collected at more than 23,400 points from 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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