The second of biggest consumption of your entire summer season occurred this Wednesday at 2:25 p.m. The use of air-con to fight the warmth triggers the demand for electrical energy Photovoltaics leads technology on the peak, contributing a 3rd of the overall power consumed
At 2:25 p.m. this Wednesday, certainly the overwhelming majority of individuals with air-con at dwelling or at work plugged within the machine. At that point, the best demand peak for electrical energy thus far this summer season was recorded: 39,734 MW. Its alot? On a day with out a lot warmth seven days in the past at these hours, 40% much less kilowatts have been consumed.
The system has already exceeded the utmost consumption figures recorded final summer season, however the figures are usually not historic. Exactly 13 years in the past, on July 19, 2010, a file electrical energy demand was set at 41,318 MW that has not but been damaged by one other warmth wave. Back then, burning coal contributed a fifth of electrical energy technology. Now, though some crops are nonetheless energetic for power safety causes, coal contributes 1% or 2% relying on the day.
In phrases of costs, nothing to do with this warmth wave with which we lived final yr. The price of the kilowatt hour is 64% cheaper. The day by day value of the wholesale market till mid-July stood at 92 euros/MWh, in accordance with calculations by the ASE Group. “It is 1.3% lower than in June, nevertheless, for the primary time since February 2022, the value in Spain is above the European common (+10.6%). The clarification lies within the lower in wind power manufacturing.”
At 2:25 p.m. this Wednesday, the second of biggest demand, the wind might solely present 8% of all technology. The star power was photo voltaic: 36% of all kilowatts. They have been adopted by mixed cycles –gas– with 21% and nuclear (17%).
“The minimize in wind energy has been particularly pronounced throughout photo voltaic hours, one thing that has no meteorological clarification and that has been repeated in the summertime interval,” they recall in ASE. This issue would have prevented registering decrease electrical energy costs.
Also coming in, as talked about above, is minimal coal manufacturing. If now we have realized something within the power disaster, it’s that producing electrical energy with this gas and with fuel is the most costly possibility. Both must face the price of polluting and people emission rights have continued to grow to be costlier. So far this yr the common price is round 86 euros per ton of CO2. It is 6% greater than in 2022, multiplies by 5 the extent of 2019 and is twenty-one instances costlier than a decade in the past.
Much higher than final yr
Spain and Europe are going through the summer season season a lot better than final yr and the rebound in electrical energy consumption as a consequence of air conditioners. In our case, we face this era of elevated technology enter with fuel with the reserves of this gas at maximums.
The storage stage in our nation is at 98% of its capability. A yr in the past round these dates it was 75%, for instance.
These storage ranges which are noticed in Spain but in addition in Europe (84% of saved capability) assist to take care of fuel costs at average ranges. Because if we evaluate with simply what we noticed a yr in the past, it has nothing to do with it. Last summer season we recorded all-time highs in the price of electrical energy with fuel costs skyrocketing because of the conflict in Ukraine and doubts concerning the continuity of Russian provide.
This yr, 2023, the price of this gas will not be solely removed from the highs of 2022, however additionally it is beneath the degrees of 2021. Air conditioning this yr, barring unexpected occasions, will now not include so many scares on the electrical energy invoice.
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