Energy demand in May 2021

Energy    Jun 18, 2021 5:20 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 May 2021.

Energy demand increased 6.6% to 6,015Wh in May 2021 compared to same period last year (5,642GWh), XM said in a statement.

This metric remained stable compared to previous month.

The Operator explained that the regulated market represented 71.11% of the total demand in May; this metric was 4,258GWh in May 2021, while it was 4,0841GWh during the same period previous year.

The unregulated market represented the remaining 28.89% of the demand, increasing 10.65% to 1,730GWh in the same period.

The Center region reported a 12.10% increase in energy demand during May 2021; the Guaviare region reported a 12.01% increase, followed by THC (Tolima, Huila and Caqueta) 9.65%, Antioquia (9.27%), East (8.58%), CQR (Caldas, Quindio and Risaralda) (7.36%)

Choco reported a decreased of 6.94%, followed by Caribbean (5.76%) and South (5.65%).

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.

It seems that the massive social protests did not have much effect on this metric during May, but these continue and together with the massive Covid contagions could affect performance in the coming months.

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