El Salvador: Energy Consumption Falls 25%

In the context of the health crisis and home quarantine, the average daily consumption in the country is about 18 GWh, which is 25% less than that reported prior to the outbreak of the virus.

Monday, April 27, 2020

Data from the Transaction Unit (TU) indicate that between the levels reported in February and the demand registered from March 23 to April 3, consumption has fallen from 19.6 GWh to 15 GWh on average.

See "Energy Sector: Outlook for the Region"

Javier Gonzalez, Energy Manager of the Salvadoran Association of Industrialists (ASI), told Laprensagrafica.com that "... due to the mandatory home quarantine throughout the country, because of the covid-19 pandemic, 'a significant impact' has been observed in reducing the demand for energy and power."

Juan Camilo Ruiz Guzmán, Commercial Planning Manager of the Delsur distribution company, explained that "... there is no recent history in the country of such a strong decrease in demand, this situation is widespread and in similar proportions in other countries in the Central American region that have entered into quarantine."

According to CentralAmericaData's projections, if quarantine and mobility restriction measures are extended for two months, it is predicted that by the end of the year the annualized demand for generation, transmission and distribution of electrical energy in Central America will have fallen 4%.

Covid-19: How are the outlook changing for companies in the energy sector?

We prepared for our clients the report "Information System: Covid-19 and Business Outlook" which helps companies to measure the impact that the crisis will have on their activity in the coming months.

Click here to request access to this report.

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More on this topic

Central America: Energy Consumption Drops 8%

August 2020

Due to the drop in economic activity generated by the covid-19 crisis, a 7.9% reduction in domestic electricity consumption was reported in the region between March and June 2020, when compared to the levels of the same period in 2019.

Regarding the reduction of internal consumption of electricity in the countries from March to June 2020, we have that Guatemala had a drop in its demand of 239 GWh (Gigawatt hours), which corresponds to 6.6% compared to the consumption of electricity in 2019, in the case of El Salvador with a reduction of 335 GWh, equivalent to 15.4%, says a report from the Regional Operating Agency (EOR).

El Salvador: Post-Confinement Consumption Level

April 2020

When the local economy begins to return to normal, as isolation and mobility restrictions are relaxed, demand for health insurance is estimated to fall by 7%.

Using a demand/income sensitivity model developed by the Trade Intelligence Unit of CentralAmericaData, it is possible to project the variations in demand by Salvadoran households for different goods and services as the most critical phases of the spread of the covid-19 are overcome and the measures restricting mobility in the country are lifted.

Honduras: Forecast of New Consumption Levels

April 2020

When the local economy begins to return to the new normality, as isolation and mobility restrictions are relaxed, it is estimated that the demand for electricity by Honduran households will have decreased by 11%.

Using a demand/income sensitivity model developed by the Trade Intelligence Unit of CentralAmericaData, it is possible to project the variations in demand by Honduran households for different goods and services as the most critical phases of the spread of covid-19 are overcome and the measures restricting mobility in the country are lifted.

Energy Sector: Outlook for the Region

March 2020

If the quarantine and mobility restriction measures are extended by two months, it is forecast that by the end of the year the annualized demand for electricity generation, transmission and distribution in Central America will have fallen by 4%.

The "Information System for the Impact Analysis of Covid-19 on Business", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the degree of impact that the crisis will have on companies according to their sector or economic activity, considering various scenarios for the coming months.

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