• The industrial sector registered the biggest drop; 3.8% compared to October 2017.
• In the last twelve months, the electricity consumption of large and medium-sized companies has been 0.2% lower than in the same period last year.

The electricity consumption of large and medium-sized companies in October fell 1.5% compared with the same month last year, according to data from the Red Eléctrica Index (IRE). Broken down by sector, industrial consumption decreased 3.8% and consumption in the services sector increased by 3.2%. The effects of seasonal and working patterns were factored in when calculating this data.

Compared to October 2017 and focusing purely on the five activities with the highest electricity consumption, demand from the metallurgy industry fell by 6.9%, the chemical industry by 15.8%, whereas the manufacturing industry for other non-metallic mineral products increased by 0.7%, the food industry by 4.3% and the paper industry by 2.7%.

The activities that contributed most to the consumption of large companies in October were: electricity, gas, steam and air conditioning supply which increased 17.9%, water collection, treatment and supply (11.1%), accommodation (22.4%), manufacture of food products (4.3%) and manufacture of beverages (23.4%)

Analysing the data of the last twelve months, the electricity consumption of these companies, after having factored in the effects of seasonal and working patterns, has decreased 0.2%, year-on-year. By sector, industrial consumption has fallen 1.4% and consumption in the services sector has increased 1.2%.

All data regarding electricity consumption for each of the economic activities can be found in more detail in the IRE section of the Red Eléctrica website.

The IRE is an indicator which aims to provide information on the evolution of the electricity consumption of all large and medium-sized companies, defined as those with a contracted capacity above 450 kW. The measurements are collected at more than 23,400 points of approximately 13,900 companies. The consumption taken into account by the IRE represents about 47% of the total electricity demand, the remaining demand corresponds to residential consumers and other types of consumption.

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