NEW RECORD OF WIND POWER

Energy demand

Energy demand in the peninsula in November was estimated at 19,834 GWh, 0.2% higher than in the same month last year. Taking into account calendar effects and temperatures, the peninsular electricity demand grew 1.3% compared to November 2014. In the first eleven months of the year, energy demand is estimated at 226,992 GWh, 2.1% more than in the same period of 2014. After correcting the influence of timing and temperatures, demand for electricity is 1.4% higher than in the previous year. With provisional data by day 30, the production of wind power has reached the 3,708 GWh in November, value 26.9% lower than in the same month last year, and assumed 18.9% of total production. On November 21 a new maximum […]

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Factors to consider in energy price forecast

With the cost of energy bills steadily increasing year after year, many are wondering if it will ever let up. Energy prices are already rising more quickly than the average salary, and many people are struggling to pay bills as it is. In an ideal world, we would be able to predict trends, changes and movements in the global energy market that would give us some indication of what to prepare for. Unfortunately though, accurate predictions, especially short term ones are virtually impossible to foresee. Long term predictions, over, say, a 30 year period, are more attainable, but no one is really able to make an energy price forecast saying what will be in just 12 months’ time. There are […]

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