Energy May 18, 2021 6:05 PM
XM, operator of the National Interconnected System (SIN) and administrator of the Wholesale Energy Market (MEM), reported on the behavior of this metric in April 2021.
Energy demand increased 15% to 6,004Wh in April 2021 compared to same period last year (5,200GWh), XM said in a statement.
However, this metric decreased 4% compared to previous month.
The Operator explained that the regulated market represented 69.1% of the total demand in April; this metric was 4,130GWh in April 2021, while it was 3,801GWh during the same period previous year.
The unregulated market represented the remaining 30.9% of the demand, increasing 34.35% to 1,847GWh in the same period.
The East region reported a 22.87% increase in energy demand during April 2021; the CQR region (Caldas, Quindio and Risaralda) reported a 22.25% increase, followed by Antioquia (21.4%), Center (19.15%), Guaviare (17.97%), THC (Tolima, Huila and Caqueta) 13.48%, Valle (12.23%), South (9.91%), Choco (7.82%) and Caribbean (6.82%).
XM’s Jaime Zapata explained that the increase is due to the impact of the Covid-19 pandemic on demand in April 2020.
“Given that the demand has been recovering in recent months, it is expected that in the coming months it will continue to show high growth compared to 2020,” Zapata highlighted.
Bottom-Line: Energy demand has shown intermittence, leaving no clear signs of a recovery. The increase is high due to the pandemic effect on this metric last year.
Colombia is facing a new peak of the pandemic, along with massive social protests, which could affect the performance of this metric in coming months.