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Electricity consumption increases 3% in October and renewables contribute 68%

The Portuguese consume more and more renewable energy. According to data released this Monday by REN and Adene, electricity consumption increased by 3.1% in October, compared to the same month in 2023. Renewable energies already represent 68% of the total consumed.

In October, energy from non-renewable sources was responsible for supplying 10% of total electricity consumption, while the import balance stood at 22%.

According to REN – National Energy Networks, wind energy was responsible for 32.5% of renewable production, hydraulic energy for 23.1%, solar photovoltaic energy for 7.2% and biomass for 4.7%.

In the first ten months of the year, renewable energies supplied 72% of the country’s electricity consumption, with hydraulic energy responsible for supplying 30% of consumption, wind energy 26%, photovoltaic energy 10% and biomass 6%.

Natural gas production supplied 9% of consumption until October, while the remaining 19% corresponded to imported energy.

Compared to the first 10 months of 2023, there was an increase in electricity consumption of 1.9% (or 2.3%, correcting for temperature and working days).

According to REN, Natural gas consumption fell to lows not seen since 2004. There was a 21% year-on-year drop in consumption, with a 66% drop in the electricity production segment and a 3% growth in the conventional segment.

In October, the downward trend in natural gas consumption continued, with a global year-on-year decrease of 5.4%.

Source: Observadora

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