Energy: Commercial Sector Consumption Recovers

In Panama during May 2020 the demand for electricity from the commercial sector bottomed out, as consumption fell to 195 million kwh due to the pandemic, but in the following months the figures improved and in November the turnover rose to 297 million kwh.

Monday, January 18, 2021

Although the cumulative figures from January to November 2020 show that consumption in commercial establishments fell by 26% compared to the same period last year, a significant recovery was reported in the last months of last year.

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The report of the General Comptroller of the Republic reviews that as a result of the changes in the habits of the population caused by the outbreak of covid-19, in the country during the first 11 months of the year the demand for electricity from homes amounted to 3,002 million kwh, an amount that exceeds by 7% that reported in the same period of 2019.

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In the case of industry consumption, it fell by 43 million kWh, since it decreased from 147 million kWh reported in November 2019 to 104 million kWh registered in the first 11 months of 2020.

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Electricity: Generation up 8%

March 2020

During the first month of the year, electricity generation in Panama amounted to 975 million kWh, 7.5% more than in the same period of 2019.

According to the most recent data from the General Comptroller of Panama, in the first month of the year 390 million kwh were generated from hydraulic sources, which is equivalent to a 3% increase over the 379 million offered in the same period in 2019.

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Because of the behavior of the energy supply from thermal sources, between January and May 2018 and the same period in 2019 the generation of electricity in Panama increased 4%.

The latest report of the General Comptroller of Panama, details that in the first five months of 2019 were generated 4,634 million kwh, equivalent to a 3.9% increase over the 4,460 million offered in the same period of 2018.

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February 2019

Because of the behavior of the energy supply from renewable sources, between 2017 and 2018 electricity generation increased by 2%.

The latest report of the General Comptroller of Panama, details that in 2018 were generated 10,783 million kwh, which is equivalent to a 1.8% increase over the 10,597 million offered in 2017.

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