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Terna: strong growth in electricity consumption in May

According to Terna's monthly report, in May the demand for electricity grew by 8,5% compared to the same month in 2020, which however had been heavily penalized by the pandemic

Terna: strong growth in electricity consumption in May

It grows the demand for electricity in Italy. This is certified by Terna data according to which the request in May stood at 24,5 billion kWh, in 8,5% increase compared to May 2020. Last year, however, the figure was "strongly influenced by the drop in demand due to the initiatives implemented to contain the Covid-19 pandemic", specifies the company that manages the national electricity grid.

Going into details, a industrial level, the Imcei index developed by Terna recorded a strongly positive performance compared to the same month in 2020, returning to pre-pandemic levels driven by the growth of almost all monitored sectors returning above pre-pandemic levels. 

Terna underlines that in May there was one more working day than last year and an average monthly temperature about 2 degrees lower. The seasonally adjusted figure corrected for calendar and temperature effects was therefore 9,5%. 

A territorial level, all areas of the country last month showed a positive trend variation: +9% in the North, +8,6% in the Center and +7,2% in the South. In terms of the quarter, the seasonally adjusted value (and corrected for calendar and temperature) recorded a drop of 1,6% compared to the previous month (April). 

Overall, in first five months of 2021, electricity demand in Italy rose by 6,6% compared to the same period of 2020 (+7,5% in adjusted terms). 

Going forward with the data, in the month of May the demand for electricity was satisfied for approximately 86% with national production and for the remainder (14%) from the balance of energy exchanged with foreign countries. In detail, net national production (21,3 billion kWh) recorded a drop of 1% compared to May 2020. Wind (+15,1%) and photovoltaic (+5,9%) sources increased; thermal (-0,4%%), geothermal (-2,9%) and water (-11,4%) sources were down. 

Finally, speaking of the import export balance, the change is equal to +170% due to a combined effect of the increase in imports (+58,1%) and a reduction in exports (-78,3%).

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