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July 22, 2024
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Energy demand shows a slowdown and its variation is approaching neutral territory

Energy demand shows a slowdown and its variation is approaching neutral territory

XM, electricity market operatorreported that during June the demand for energy had barely grown, having aat a rate of 0.1% compared to the consumption that was evidenced during the same month last year.

(You may be interested in: Most energy suppliers report a drop in energy prices)

During the sixth month of the yeara total of 6,542.68 gigawatt hours of energy was demandedaccording to XM. This shows a slowing trend in the increase in consumption, which for some months even grew in double digits, since in March it climbed 12%.

According to data disaggregated by XM, andlctoRibé remains the region with the highest consumption, reaching 1,852.9 gigawatt hours, Although a fall of 0.04% in the annual comparison. In this way, Oscar Jose Arango, manager in charge of the National Center for
XM’s office noted that this region consumed 28.5% of the system’s total energy.

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This reduction in demand It is attributed to the decrease in temperatures due to rainfall recorded since April 2024as well as the decrease in unregulated demand due to a possible economic contraction“, Arango said.

In second place, The central region was the one that showed the second highest consumption, being 1,536.8 and an annual variation with slight growth, being 0.7%.

(Read: Creg to revive power disconnection mechanism for users: what changes?)

XM Trading Center.

Jaiver Nieto. THE TIME

In terms of variation, The southern regions (-2.2%) and Valle (-1.7%) were the areas where there was a greater contraction in consumption.In contrast, Guaviare and Tolima, Huila and Caldas continue to be the regions where electricity consumption is growing the most, at 8.1% and 2.8% respectively.

When breaking down by type of consumer, it can be noted that Regulated users had a slight increase compared to June 2023, reaching 1.2%. However, users Unregulated products showed a fall of 2.46% during the month. Thus, during the month, the total energy demand figure rose by 0.1%.

(Of interest: Anla will license renewable projects of more than 50 megawatts after the decree is issued)

In the year to date, energy demand has grown by 4.6%, Although it showed a slowdown in June, it is still a higher total than last year.. Between January and June 2023, energy demand increased by 2.9%.

According to Arango, “sThis trend (of slowing growth) is expected to Demand behavior will continue due to the high probability of the La Niña phenomenon during the months of August to October. from 2024 and from January to March 2025“.

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