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Power

China's July Power Consumption Rises 3% from Year Earlier

China consumed 509.7 billion kilowatt-hours in July, a 3% increase from a year earlier

Released Monday, August 18, 2014

China's July Power Consumption Rises 3% from Year Earlier

Researched by Industrial Info Resources China (Beijing, China)--China consumed 509.7 billion kilowatt-hours (kWh) in power in July, a 3% increase from a year earlier, the National Energy Administration said. For the first seven months of the year, power consumption totaled 3,137.4 billion kWh, an increase of 4.9% over the same period last year.

Power consumption by the primary sector industries (agriculture, forestry, fishing, mining, oil and gas production) totaled 5.57 billion kWh, a drop of 2.1%; secondary sector industries (manufactured goods) consumption totaled 2,309.4 billion kWh, an increase of 4.7%; the tertiary sector (services) consumed 375.4 billion kWh, an increase of 6.5%; and urban and township residential consumption totaled 396.8 billion kWh, an increase of 5.7%.

Average accumulated power plant utilization for January through July totaled 2,482 hours, a drop of 102 hours from the same period last year. Average hydrocarbon totaled 1,853 hours, a drop of 29 hours; and average thermal power plant utilization totaled 2,790 hours, a drop of 55 hours.

Newly installed power capacity for the first seven months of the year totaled 42.65 gigawatts (GW), including 14.53 in hydropower and 18.75 GW in thermal power.

China's investment in power generation infrastructure totaled $23.76 billion, including $6.25 billion for hydropower, $6.8 billion for thermal power and $4.46 billion for nuclear power. Investment in grid construction reached $31.59 billion during the period.

China's installed power capacity (including all plant units with a capacity of more than 6 MW) totaled 1,257.87 GW by the end of July, a 9.5% increase over the same time last year. Hydropower capacity totaled 257.49 GW, an increase of 15.2%; thermal power capacity totaled 880.89 GW, a 5.3% increase; nuclear power totaled 17.78 GW, a 21.7% increase; and wind power totaled 83.31 GW, a 22.0% increase.

Industrial Info is tracking more than 4,600 active power projects with a total proposed investment of $1 trillion, and more than2,000 operational power plants in China. Industrial Info reported 336 newly commissioned power projects in China during the first seven months of 2014, with a total investment of $52 billion, and the kick-off of 529 power projects, with a total investment $59 billion.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three 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.
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