China Power Union: electricity consumption of the whole society is expected to increase by 6% in the second half of the year.

Published: Jul 22, 2020 10:34 (GMT+8)

SMM: according to the latest statistics released by the National Energy Administration, in the first half of the year, the electricity consumption of the whole society in China was 3.35 trillion kilowatt-hours, down 1.3 percent from the same period last year. Looking forward to the second half of the year, the China Light and Power Union predicts that the growth rate of electricity consumption will continue to pick up, and the electricity consumption of the whole society will increase by about 6

From January to March this year, the electricity consumption of the whole society in China totaled 1.5698 trillion kilowatt-hours, down 6.5 percent from the same period last year. The growth rate of electricity consumption rebounded month by month in the second quarter, and returned to a positive growth rate of 0.7 percent in April. In May, it basically returned to the normal growth level before the epidemic, with a growth rate of 4.6 percent. The growth rate further rebounded to 6.1 percent in June. The electricity consumption of the whole society in the second quarter increased by 3.9% over the same period last year, reversing the negative growth trend of 6.5% in the first quarter.

Looking forward to the second half of the year, the China Light and Power Union predicts that the growth rate of electricity consumption will continue to pick up, and the electricity consumption of the whole society will increase by about 6 At the same time, the person in charge of the China Central Power Union said that in view of the gradual landing of counter-cyclical adjustment measures of macro policies and the continued appearance of policy effects, it is estimated that the electricity consumption of the whole society of our country this year will still increase by 2% and 3% compared with the same period last

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