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China July Power Consumption up 15 pct on Year -Report

Data Analysis 01:52:50PM Aug 13, 2010 Source:SMM

BEIJING, Aug. 13 -- China's power consumption in July increased about 15 percent from a year earlier, the China Securities Journal reported on Friday, citing an industry official.

The monthly growth rate, if accurate, was lower than those between October 2009 and May 2010 when increases were flattered by a weak base amid the global economic downturn.

The trend would also be in line with power generation data released on Wednesday by the National Bureau of Statistics that tallied output from power plants with sales above a certain level.

China's National Energy Administration is expected to publish nationwide power consumption data today or later.

Power consumption in July was also about 9 percent higher than in June, a slightly stronger than normal month-on-month growth rate, as scorching heat drove up the electricity load, the newspaper report said.

Power used by residents and tertiary sectors last month were noticeably higher than in June while demand by other industries was largely flat or fell slightly, the report added.

 

Key Words:  electric power 

China July Power Consumption up 15 pct on Year -Report

Data Analysis 01:52:50PM Aug 13, 2010 Source:SMM

BEIJING, Aug. 13 -- China's power consumption in July increased about 15 percent from a year earlier, the China Securities Journal reported on Friday, citing an industry official.

The monthly growth rate, if accurate, was lower than those between October 2009 and May 2010 when increases were flattered by a weak base amid the global economic downturn.

The trend would also be in line with power generation data released on Wednesday by the National Bureau of Statistics that tallied output from power plants with sales above a certain level.

China's National Energy Administration is expected to publish nationwide power consumption data today or later.

Power consumption in July was also about 9 percent higher than in June, a slightly stronger than normal month-on-month growth rate, as scorching heat drove up the electricity load, the newspaper report said.

Power used by residents and tertiary sectors last month were noticeably higher than in June while demand by other industries was largely flat or fell slightly, the report added.

 

Key Words:  electric power