China Power Use in China May Surge 63% Between 2009 and 2015 on Economic Growth-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Aluminium
  • Silicon
  • Copper
  • Futures movement
  • Prebaked anode
  • Inventory data
  • NEV
  • Lead
  • Nickel
  • MMi Iron Ore Port Index
  • Evening comments
  • New Energy Vehicle
  • Production data
  • Market commentary

China Power Use in China May Surge 63% Between 2009 and 2015 on Economic Growth

Data Analysis 01:47:19PM Jun 22, 2010 Source:SMM

BEIJING, June 22 -- Electricity demand in China, the world's second-biggest energy user, may increase 63 percent between 2009 and 2015 as the economy expands, the State Electricity Regulatory Commission said today.

Consumption may reach 5.86 trillion kilowatt-hours, the power regulator said in a statement on its website. That compares with 3.6 trillion kilowatt-hours last year, based on data from the National Energy Administration published on Jan. 6.

China, the world's fastest-growing major economy, is expected to expand four times faster than the U.S. this year, the United Nations said in December. Energy demand is expected to grow “quickly” as the economy maintains a fast pace of expansion between 2010 and 2020, the regulator said in today's statement

Energy consumption may rise to the equivalent of 4.2 billion metric tons of coal in 2015 and 5 billion tons in 2020, according to the statement. The country's installed power capacity may reach 1.35 billion kilowatts in 2015, it said.


 

Key Words:  electric power 

Price

more
#1 Refined Cu
Apr.19
49430.0
-170.0
(-0.34%)
Yangshan Copper Premium(Bill of Lading)
Apr.19
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.19
50.5
0.0
(0.00%)
Imported Cu Concentrate TC(Cu≥26%,Week)
Apr.19
67.0
-1.5
(-2.19%)
Imported Cu Concentrate TC(Cu≥26%,Month)
Mar.29
73.5
-6.0
(-7.55%)

China Power Use in China May Surge 63% Between 2009 and 2015 on Economic Growth

Data Analysis 01:47:19PM Jun 22, 2010 Source:SMM

BEIJING, June 22 -- Electricity demand in China, the world's second-biggest energy user, may increase 63 percent between 2009 and 2015 as the economy expands, the State Electricity Regulatory Commission said today.

Consumption may reach 5.86 trillion kilowatt-hours, the power regulator said in a statement on its website. That compares with 3.6 trillion kilowatt-hours last year, based on data from the National Energy Administration published on Jan. 6.

China, the world's fastest-growing major economy, is expected to expand four times faster than the U.S. this year, the United Nations said in December. Energy demand is expected to grow “quickly” as the economy maintains a fast pace of expansion between 2010 and 2020, the regulator said in today's statement

Energy consumption may rise to the equivalent of 4.2 billion metric tons of coal in 2015 and 5 billion tons in 2020, according to the statement. The country's installed power capacity may reach 1.35 billion kilowatts in 2015, it said.


 

Key Words:  electric power