China Electricity Regulatory Commission released today the first half of China's electricity operation situation: In the first half of the year, the country's electric power industry was generally stable. Affected by factors such as economic growth slowdown, the growth rate of power demand has significantly declined, and power supply and demand are tight and balanced before and after the supply and demand. Since March, there has been no problem of power cuts and power shortages in the country.
According to reports, in the first half of the year, the electricity consumption situation in China mainly showed the following characteristics: First, the growth rate of electricity consumption in the entire society continued to slow down. From January to June, the electricity consumption of the entire society was 2,3744.4 billion kwh, an increase of 5.5% year-on-year, and the growth rate was down 6.7 percentage points from the same period of last year.
Second, the growth rate of electricity growth in the secondary industry was large. From January to May, the amount of electricity used by the secondary industry increased by 3.76% year-on-year, which was lower than the 2.06 percentage point increase in electricity consumption of the entire society. In the first half of the year, the growth rate of industrial electricity continued to be lower than the growth of electricity consumption in the entire society. Since January, the growth rate of industrial electricity continued to be lower than the growth rate of electricity consumption in the entire society. In the main electricity industry, the ferrous metals and building materials industry continued to show negative growth.
Third, the growth rate of electricity consumption in the central and western regions has dropped significantly. From January to June, in the 16 provinces (autonomous regions and municipalities directly under the Central Government) where the growth rate of electricity consumption is lower than the national average, 9 in the Midwest, and in the 4 provinces with negative electricity growth in the month of June, the Midwest accounted for Three.
In the first half of the year, some new changes have also taken place in the operation of China's power industry. First, the contradiction between power supply and demand is basically eased. Since March, there have been no power cuts and power shortages in the country. The second is the decrease in the number of hours of use of thermal power generation. From January to May, the average utilization of thermal power equipment in the country was 2,097 hours, which was 73 hours less than the same period of last year. Third, the phenomenon of discarding winds and abandoning water is more obvious. From January to May, Datang Group's wind power restriction ratios reached 23.19% in five provinces and regions in Jilin, Heilongjiang, Inner Mongolia and Gansu. In the first half of the year, the nation’s hydropower generation increased by 12.7% year-on-year, and water was abandoned in some areas.
According to Yu Yanshan, deputy director of the General Office of the State Electricity Regulatory Commission, in the first half of the year, the growth rate of electricity consumption has declined. At the same time, five major positive changes have taken place in China's electricity operation: First, China's unit GDP and primary, secondary and tertiary industries have a unit GDP power consumption. In the first quarter, China’s unit GDP power consumption fell by 5.66% compared with the same period of last year. Second, the contribution rate of the tertiary industry to GDP growth increased from 45.61% last year to 52.03%. Third, the elasticity coefficient of electricity consumption decreased significantly. In the first half of the year, it was only 0.72, down 0.54 from the same period of last year. The proportion of electricity consumed in the four high energy-consuming industries fell in the fourth and fourth quarters. In the fifth and the first five months of the month, the growth rate of electricity consumption growth in the eastern region decreased month by month. It indicates that the downward pressure on the economy in the eastern region is slowing and the economy is gradually bottoming out. In the second half of the year, China's economy is expected to stabilize and pick up, and achieve its annual growth target.
According to analysis, in the second half of the year, the overall balance of electricity supply and demand in the country is expected to reach about 5.1 trillion kWh in the entire year, an increase of about 7% year-on-year. Although the growth rate of electricity consumption in the entire society slowed down in the first half of this year, in the second half of the year, with the successive introduction of the “stabilizing growth†policy measures and the gradual emergence of policy effects, the preliminary assessment of the use of electricity by society in the second half of the year will show a low level. With a high trend, it is expected to achieve a stabilization and recovery during the year.
According to reports, in the first half of the year, the electricity consumption situation in China mainly showed the following characteristics: First, the growth rate of electricity consumption in the entire society continued to slow down. From January to June, the electricity consumption of the entire society was 2,3744.4 billion kwh, an increase of 5.5% year-on-year, and the growth rate was down 6.7 percentage points from the same period of last year.
Second, the growth rate of electricity growth in the secondary industry was large. From January to May, the amount of electricity used by the secondary industry increased by 3.76% year-on-year, which was lower than the 2.06 percentage point increase in electricity consumption of the entire society. In the first half of the year, the growth rate of industrial electricity continued to be lower than the growth of electricity consumption in the entire society. Since January, the growth rate of industrial electricity continued to be lower than the growth rate of electricity consumption in the entire society. In the main electricity industry, the ferrous metals and building materials industry continued to show negative growth.
Third, the growth rate of electricity consumption in the central and western regions has dropped significantly. From January to June, in the 16 provinces (autonomous regions and municipalities directly under the Central Government) where the growth rate of electricity consumption is lower than the national average, 9 in the Midwest, and in the 4 provinces with negative electricity growth in the month of June, the Midwest accounted for Three.
In the first half of the year, some new changes have also taken place in the operation of China's power industry. First, the contradiction between power supply and demand is basically eased. Since March, there have been no power cuts and power shortages in the country. The second is the decrease in the number of hours of use of thermal power generation. From January to May, the average utilization of thermal power equipment in the country was 2,097 hours, which was 73 hours less than the same period of last year. Third, the phenomenon of discarding winds and abandoning water is more obvious. From January to May, Datang Group's wind power restriction ratios reached 23.19% in five provinces and regions in Jilin, Heilongjiang, Inner Mongolia and Gansu. In the first half of the year, the nation’s hydropower generation increased by 12.7% year-on-year, and water was abandoned in some areas.
According to Yu Yanshan, deputy director of the General Office of the State Electricity Regulatory Commission, in the first half of the year, the growth rate of electricity consumption has declined. At the same time, five major positive changes have taken place in China's electricity operation: First, China's unit GDP and primary, secondary and tertiary industries have a unit GDP power consumption. In the first quarter, China’s unit GDP power consumption fell by 5.66% compared with the same period of last year. Second, the contribution rate of the tertiary industry to GDP growth increased from 45.61% last year to 52.03%. Third, the elasticity coefficient of electricity consumption decreased significantly. In the first half of the year, it was only 0.72, down 0.54 from the same period of last year. The proportion of electricity consumed in the four high energy-consuming industries fell in the fourth and fourth quarters. In the fifth and the first five months of the month, the growth rate of electricity consumption growth in the eastern region decreased month by month. It indicates that the downward pressure on the economy in the eastern region is slowing and the economy is gradually bottoming out. In the second half of the year, China's economy is expected to stabilize and pick up, and achieve its annual growth target.
According to analysis, in the second half of the year, the overall balance of electricity supply and demand in the country is expected to reach about 5.1 trillion kWh in the entire year, an increase of about 7% year-on-year. Although the growth rate of electricity consumption in the entire society slowed down in the first half of this year, in the second half of the year, with the successive introduction of the “stabilizing growth†policy measures and the gradual emergence of policy effects, the preliminary assessment of the use of electricity by society in the second half of the year will show a low level. With a high trend, it is expected to achieve a stabilization and recovery during the year.
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