Electricity consumption in Poland in the first half of 2023 decreased by 4 percent year-on-year, and the production of coal-fired power plants decreased by as much as 20 percent – indicated the Instrat Foundation. She added that “the delayed consequences of the energy crisis that started in 2021 are only making themselves felt today.”
In a report titled “Energy Recession”, the Instrat Foundation reported that “electricity consumption in Poland is falling – in the first half of this year by over 4 percent year-on-year” and “domestic production from professional power producers, especially those using fossil fuels, is falling even more “, while “year-on-year production of coal-fired power plants decreased by as much as 20 percent.”
“Power demand data available at energy.instrat.pl for PSE show in the first 8 months of this year as much as a 7.4 percent decline compared to typical previous years. Data from the Energy Market Agency show a drop in consumption by over 4 percent in the first half of the year .compared to 2022. In industry, this decline is even greater – data for the first quarter show a decline of 11%. – reported the Instrat Foundation.
Electricity consumption in Polandinstrat.pl
Electricity consumption – Instrat Foundation about the energy recession
“The decline in network consumption is influenced by the growing self-consumption of prosumers, but this explains only a small part of the phenomenon. The reduction in energy consumption by end users is evident. The reason is most likely both effective measures for energy efficiency and, above all, the economic situation” – wrote the publication .
It was added that “it is clear that energy consumers are less and less willing to accept a situation in which their role is limited to paying invoices” and “technological changes and price increases encourage companies and households to manage energy more actively.”
Increase in electricity prices
“Exchange prices of energy carriers reached extremely high levels in 2021 and 2022. Today, prices are lower, but still up to 2-3 times higher than in the years before the crisis,” the report said.
It was noted that “in 2023, electricity consumers were burdened with increases like never before” and “data on actual sales prices show for most consumers a huge price increase in 2022 and another wave of increases in the first quarter of 2023.”
According to the Instrat Foundation, “historically very high energy prices are likely to continue in the data for all of 2023.”
Unprecedented increase in energy pricesinstrat.pl
Electricity production
It was also emphasized that “Russia’s invasion of Ukraine highlighted the need to reduce dependence on fossil fuel imports and provided a strong price impulse supporting decarbonization among energy consumers.”
“The erosion of sales forces us to consider the role of professional power plants in the electricity market. The way professional electricity producers operate must be transformed to meet the needs of consumers as conscious market participants, using their own energy first, if it is available. First of all, this concerns conventional power plants, but in the future also increasingly renewable energy sources,” said the Instrat Foundation.
In her opinion, “currently, coal-fired power plants are most exposed to the effects of the energy recession.”
“The low flexibility of coal units, manifested by the inability to frequently and at low cost reduce the load below 40-60%, causes coal-fired power plants, even those with high efficiency and lower costs, to be relegated to low load operation for most of the day in order to increase production in the evenings, when the low generation of prosumers coincides with the high demand of many consumers,” the report said.
Changes in electricity production and use in the first half of 2023instrat.pl
“In the long term, the profitability of all inflexible generation technologies, including nuclear, is at risk, and the role of power providers or power consumption on demand will increase,” the report states.
It was also recommended that “the purchase and sale of energy at dynamic prices be more strongly promoted, as well as the expansion of the network services market with activities necessary for the proper operation of the system with a large share of non-conventional power plants.”
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2023-10-10 07:17:26
#Surprising #data #electricity #consumption #Energy #recession
