Power
China's Power Consumption Up 5.1% in May
In May 2017, China's overall social power consumption reached 496.8 billion kilowatt-hours (kWh), an increase of 5.1% year over year, which was 0.9 percentage point lower than the previous month.
The growth mainly comes from the secondary (manufacturing) and tertiary (services) industries. The power consumption in the primary industries (agriculture, forestry, fishing, mining and oil & gas production) reached 10.1 billion kWh, an increase of 4.4%; that of the second industries reached 366 billion kWh, an increase of 3.9%; that of the tertiary industries reached 62 billion kWh, an increase of 10.7%; that in the household of urban and township residents reached 58.6 billion kWh, an increase of 7% year over year.
From January to May 2017, China's accumulative power consumption in the primary industries reached 39 billion kWh, an increase of 6.1% year over year; that of the second industries reached 1,712.9 billion kWh, an increase of 6.3%; that of the tertiary industries reached 335.3 billion kWh, an increase of 9%; that in the household of urban and township residents reached 332.9 billion kWh, an increase of 4.1%.
In May 2017, China's power output reached 494.7 billion kWh, an increase of 5% year over year. Of this, the output from thermal power reached 355.3 billion kWh, an increase of 6.5%; that of hydropower reached 88.6 billion kWh, a drop of 5.9%; that of nuclear power reached 20.5 billion kWh, a jump of 24.6%; that of wind power reached 24.9 billion kWh, an increase of 10.1%; that of solar power reached 5.5 billion kWh, an increase of 30.9%.
From January through May 2017, China's accumulative power output reached 2,436.8 billion kWh, an increase of 6.4% year over year. Of this, the output from thermal power reached 1,849.6 billion kWh, an increase of 7.2%; that of hydropower reached 657.0 billion kWh, a drop of 4.8%; that of nuclear power reached 95.5 billion kWh, a jump of 21.6%; that of wind power reached 111.8 billion kWh, an increase of 17.3%; that of solar power reached 22.8 billion kWh, a jump of 30.5%.
Looking into future months, it is expected that the growth of China's overall social power consumption in the first half 2017 will be about 6%, which will be higher than the same period of last year, but the growth is expected to slow in the second half 2017. In the aspect of investment, the investment in power sources will be largely reduced, while the investment in transmission will show a year over year growth of about 5%.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
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