Energy demand in March 2021

Energy    Apr 27, 2021 3:39 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 March 2021.

Energy demand increased 3.6% to 6,233GWh in March 2021 compared to same period last year (5,993GWh), XM said in a statement.

The Operator explained that the regulated market represented 68.72% of the total demand in March; this metric was 4,261GWh in March 2021, while it was 4,163GWh during the same period previous year.

The unregulated market represented the remaining 31.28% of the demand, increasing 7.39% to 1,940GWh in the same period.

Antioquia reported a 6.57% increase in energy demand during March 2021; the South area reported a 5.4% increase, followed by the CQR region (Caldas, Quindio and Risaralda) region (5.1%) and Caribbean (4.1%).

On the other hand, the Choco and Valle reported decreases of 2.3% and 1.2% respectively.

Bottom-Line: Energy demand has shown intermittence, leaving no clear signs of a recovery. Colombia is facing a new peak of the pandemic at present, which could affect the performance of this metric in April.

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