The demand of the nationwide market falls by 30%, the very best lower latelyThe rains and the wind allowed a 25% discount within the demand for gasoline to generate electrical energy in NovemberTill November, the gathered demand for gasoline has fallen by 1% in comparison with to which registered in 2021
To give us an concept, the discount is much more essential than the one which occurred in April 2020, when the outbreak of the pandemic compelled the stoppage of all actions that weren’t important. Then, the year-on-year drop in demand remained at 22.7%.
The sharp decline final November might be defined by a number of causes:
A 32% discount in typical demand (business, cogeneration, the home and industrial sectors), which accounts for 2 thirds of the whole, and which is according to the drop in current months attributable to a discount in consumption business attributable to excessive gasoline costs. A decrease demand as a result of excessive temperatures, which had been as much as 3.1 levels larger than in November 2021 A lower in gasoline for electrical energy technology as a result of higher efficiency of renewable energies. The distinction with final November, when the demand for pure gasoline exceeded 40,000 GWh, exactly due to colder than standard temperatures.
In a month-to-month comparability, the demand for gasoline has remained virtually stabilized in comparison with October, whereas within the earlier 5 years it had elevated on common by greater than 19% as a result of arrival of chilly climate.
In addition, within the gathered of the yr, November is the primary month by which a drop in demand has been noticed in comparison with that registered in 2021, though it’s restricted to a lower of 1%. It should be remembered that Spain promised Brussels to scale back gasoline consumption by 7% between final August and March 31 of subsequent yr to take care of the vitality disaster attributable to the Russian invasion of Ukraine.
This saving, nonetheless, could be the smallest in the complete EU within the first eleven months of the yr, in accordance with the Bruegel examine middle, solely behind Slovakia, whose gathered demand nonetheless exceeds that of the earlier yr.
Decreased demand within the electrical energy sector
The climate circumstances of the previous month, with the arrival of rain and powerful winds, have made it doable to considerably scale back the demand for gasoline to generate electrical energy, which was as much as 25.7% decrease than that registered in the identical interval from the earlier yr.
This year-on-year drop within the demand for gasoline to provide electrical energy is virtually the primary to happen this yr. Only in April did it fall barely, whereas in the remainder of the months it has been a lot larger, in 4 of them doubling the figures registered in 2021. And all in a yr by which the worth of gasoline has triggered by the consequences of the Russian invasion in Ukraine.
The decrease contribution of renewables, particularly hydraulics as a result of drought, explains this improve in using gasoline to generate electrical energy in mixed cycle crops all year long. But the wind and, above all, the rain, have turned that state of affairs round in November.
Even so, in accordance with information from Red Eléctrica to date this yr, hydraulic technology, with virtually 16,200 GWh, stays 45% beneath that of 2021, whereas wind energy, with greater than 57,000 GWh, has been a backside 5%. On the opposite hand, the virtually 66,700 GWh generated with gasoline within the mixed cycle crops are 50% of these of a yr in the past.
Russia stays the third importer
The lower in gasoline demand through the month of November coincided with the return of the United States to the primary place of suppliers to Spain, with 20.6% of the whole, after having been surpassed in September and October by Algeria. 18% of the imported gasoline arrived from this nation in November, whereas 17.1% got here from Russia, which was the third provider, with 5,953 GWh.
So far this yr, Spain has imported 48,406 GWh of Russian gasoline, virtually 12% of the whole, which locations this nation because the fourth major provider of this uncooked materials, though most of this gasoline doesn’t come from the large Russian gasoline firm Gazprom, however from the non-public firm Novatek.