I don't think that number is correct?

In the 39 years I live here, the only power loss was due to lightning or planned power cuts because of work in the building where I live in the last 9 years ( rare - twice).

There is however incentive for our high chemistry industry to cut the power and they get re-imbursed. This is when we have too much electricity production ( solar power) vs. consumption. Otherwise the providers have to pay "fines" to lose the overproduction of electricity to neigboring countries ( who probably all have overproduction of electricity).