(Finance) – Electricity consumption is confirmed to be growing in November, which show an almost stable growth in demand with the same days and temperatures. This is what emerges from the latest report from Terna, manager of the national electricity transmission network, according to which last month the electricity demand in Italy it was equal to 25.3 billion kWhwith a growth of 1.4% compared to November 2022.
This change, registered with the same number of days working hours (21) and one temperature monthly average substantially the same as that of November 2022 (-0.1°C), only partially offsetting the negative data (-6.2%) of November 2021. The adjusted figure is in line at +1.3%.
However, the demand for so-called “energy-intensive” companies is decreasing. Compared to the same period last year, the IMCEI index developed by Terna, which examines the industrial consumption of approximately 1,000 energy-intensive companies, recorded a negative variation of 1%. This value is the result of different trends of the companies connected to the national High Voltage (HV) and Medium Voltage (MV) electricity grid: compared to a increase in those in AT (+0.7%), you register a decline in businesses connected in MT (-9.1%). Looking at the individual sectors, positive changes they register for means of transport, paper, cement, lime and gypsum and steel; decreasing in ceramics and glass, non-ferrous metals, food, mechanics and chemicals.
The value of the electrical demandseasonally adjusted and corrected for calendar and temperature effects, results decreasing (-0.8%) compared to October 2023. On the other hand, the cyclical change in the IMCEI index (+0.9%). The alternation of positive and negative cyclical variations keeps the index at stationary levels.
In the first eleven months of 2023the cumulative demand for electricity in Italy is in 2.8% drop compared to the same period of 2022 (-2.1% the adjusted figure). In bending also the IMCEI Indexwhich from January to November records a -4.3%: after the particularly negative first six months, less intense decreases were recorded starting from July.
At a territorial levelthe trend change in November 2023 was everywhere positive: +1.4% in the North, +0.9% in the Center and +1.9% in the South and on the islands.
In November the demand for Italian electricity was 82.1% satisfied with national production and, for the remaining portion (17.9%), from the balance of energy exchanged with foreign countries. Net national production was 21 billion kWh, stable compared to November 2022.
In November, the renewables they produced overall 10.4 billion kWh, covering 40.9% of demand electric (compared to 29% in November 2022). Production from renewables in November was divided as follows: 40.4% hydro, 14.9% photovoltaic, 28.7% wind, 11.7% biomass, 4.3% geothermal.
It continues compared to last year recovery of production from renewable water sources (+86.6%) thanks to the greater availability of the resource. Production is increasing from wind source (+51.9%), also in this case mainly due to greater availability of the resource (compared to November 2022, the installed capacity increased by 558 MW, approximately 5%). For this source, November 25th it was new record set of wind production certified at a value of 8.8 GWh (the previous record was 8.3 GWh in March 2023). For what concern photovoltaic production increase (+28.1%) it is above all attributable to the increase in installed capacity of 4,797 MW, approximately 20% more than the same period last year. Finally, the source is also growing geothermal (+0.5%). Production from sources is decreasing thermal (-21.8%), with in particular a 65% drop in coal.
According to Terna’s findings, considering all the renewablesin the first eleven months of 2023 the increase in capacity in Italy is equal to 4,938 MWa higher value of approximately 2,269 MW (+85%) compared to the same period in 2022. As regards the saldo import-exportthe trend change is also positive this month (+7.9%) due to the combined effect of a decrease in exports (-21.5%) and a growth in imports (+5.7%).