Electricity output up 3.2% in H1

Electricity output up 3.2% in H1
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Thursday 25 August 2022 - 09:46

The production of electricity at the national level posted a 3.2% increase at the end of the first half of 2022, following a 2.2% increase in the second half of 2021, according to the Direction of studies and financial forecasts (DEPF) of the Ministry of Economy and Finance.

This figure is the result of a 31.6% increase in electricity production of the National Office of Electricity and Drinking Water (ONEE) and a 10% increase in renewable energy production, the DEPF said in its August 2022 economic note.

Net energy production increased by 5.6% by the end of June 2022 after a 6.9% increase a year before. The volume of imported energy increased by 161.3%, while the volume of exported energy decreased by 18.5%.

In the second quarter of 2022, electricity consumption posted a 7.6% increase, following a 2.2% increase in the first quarter, the note showed.

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