Brazil's demand for power has grown by 1.2 percent in May as compared to the same time a year earlier.
According to preliminary data from the country's power clearing house CCEE, it has risen to an average 63,169MW during the month. This was only 62,433MW in the same period last year.
It has been reported that the latest development is the result of growth of consumption in the free market.
It has been reported that energy consumption among bilateral contract clients grew by 5.8 percent from a year earlier. However, there is a decrease of 1.3 percent in regulated market clients including domestic and small and medium business consumers.
As per the data, the wood, paper and cellulose sector recorded increment in demand with 21 percent higher than in the previous year. Besides, the service sector saw a growth of 13 percent.
Similarly, the data suggested that solar power recorded increment of 53 percent as compared with a year earlier. Likewise, wind plants generated 10 percent more energy.
Other sources also saw fluctuations, like hydropower and thermoelectric plants. In terms of hydro generation, it witnessed a 11 percent increase from last year, while thermoelectric plants generated 37 percent less energy.
