The electricity market is gaining pace of development. During the first five months of 2014, the total net electricity generation reached 13,409.3 GWh, up 6.6% compared to the same period last year, according to the latest data provided by the Department Energy.
The evolution of the electricity market has been a marked drop in hydropower production declined by approximately 48.1% and an increase of the wind origin of 49.8%.
Hence, the structure of production of electrical energy has been changed, with a decline of the share of hydropower (7.95% instead of 16.21% at the end of May 2013) against an intensifying of contribution of wind power and thermal power. As a result, the thermal production is consolidated by 14.4%, bringing its contribution to total electricity production to 86% instead of 79% a year earlier. The production of wind energy, in the meantime, attained a share of 6.44% against 4.55% a year earlier.
Regarding imports of electrical energy, they totaled 2,498.4 GWh, increase of 11.7% annually. These imports accounted for 18.3% of the energy injected into the grid, against 17.5% during the same tine of 2013. Exports of electricity grew with the same higher pace (18%).
Furthermore, the ministry’s statistics highlight that the total production of plants ONEE (National electricity and drinking water) decreased by 16.8% to 4,711.5 GWh from January to May 2014. This represents about 34.5% of the electrical energy injected. Concessional production seen, meanwhile, its share of the energy injected from 37% to 44.6% between January and May 2013 and the same period of 2014.
Electricity sales are trending up in during the first five this year. Compared to end in May 2013, they were up 3.9% to settle at 11,369.9 GWh. This increase covers increased sales to distributors (5%), the average voltage customers (+6.8%) and those for low voltage customers (+7.6%).