The national electricity demand in November saw a decrease of 0.4% compared to the same month of the previous year, after accounting for the effects of temperature and working days. In gross terms, the estimated demand was 19,724 GWh, 1.3% lower than in November 2023.

In the first eleven months of 2024, Spain recorded a cumulative demand of 225,532 GWh, 0.7% higher than the same period in 2023. Once the effects of working days and temperatures were considered, demand increased by 1.4% compared to the same period of the previous year.

In November, renewable energy generated 10,460 GWh, accounting for 50.8% of the total, while 69.1% of the electricity was produced without emitting CO2 equivalent.

The primary source of production for the month was wind energy, with a share of 23.4%, followed by combined cycle (19.4%), nuclear (17.6%), and hydroelectricity, responsible for 13.4% of the total. Meanwhile, solar photovoltaics grew by 17.1% in November, reaching a share of 11.5% in the energy mix.

Renewables closed November with a contribution of 137,785 GWh for all of 2024, already surpassing their total production in 2023. Additionally, wind energy recorded its highest daily generation on November 21, reaching 434 GWh, more than half of Spain’s total generation on that day.

The demand in the Iberian Peninsula in November

At the level of the Iberian Peninsula, and after accounting for the effects of working days and temperature, demand was 0.6% lower than in November 2023. In gross terms, the demand for this month was 18,556 GWh, 1.6% lower than the same month in the previous year.

From January to November 2024, the demand in the Iberian Peninsula was 211,534 GWh, 0.8% higher than the demand recorded in 2023. Once the effects of working days and temperature are considered, the demand grew by 1.4% compared to the same period last year.

The total renewable generation in the Iberian Peninsula in November was 10,352 GWh, which accounted for 53.1% of the total production structure in the region. Meanwhile, emission-free technologies contributed 72.5% of the total.

The generation structure in the Iberian Peninsula in November was also led by wind energy, which was responsible for 24.5% of the total, followed by nuclear with 18.6%, combined cycle with 17.2%, and hydroelectricity, contributing 14.2% of the total.

The electricity system in the Balearic and Canary Islands

In the Balearic Islands, the electricity demand in November was 3.5% higher than in the same month of 2023, after considering the effects of working days and temperatures. The gross demand was estimated at 386,949 MWh, 3.6% higher than in November of the previous year. From January to November 2024, the estimated gross demand in the Balearic Islands was 5,577,683 MWh, 0.1% lower than the same period in 2023.

Regarding generation, combined cycle, with 75.1% of the energy produced in the Balearic Islands, was the leading source for the islands this month. Renewable energy generated in the Balearic Islands represented 12.5% of the total. Renewable production in the Balearic Islands grew by 6.4% in November compared to the same month last year.

Additionally, during this month of November, the underwater link between the Peninsula and Mallorca contributed to covering 20.2% of the Balearic Islands’ electricity demand.

In the Canary Islands, the electricity demand increased by 2.3% compared to the same month in 2023, considering the effects of working days and temperatures. In gross terms, the demand was 748,211 MWh, a 2.3% increase. From January to November 2024, the estimated demand in the Canary Islands was 8,058,567 MWh, 0.5% higher than the same period in 2023.

Regarding electricity generation in the Canary Islands, combined cycle, with 54.7% of the total, was also the leading source in November. Renewables accounted for 9.2% of the production, generating 68,852 MWh. Wind energy contributed 5.8% of the total generation during this month.