China's power generation capacity will reach 950 million kilowatts by the end of the year

From March 27 to 28, the “2010 Economic Situation and Power Development Analysis and Forecasting Conference” sponsored by the China Electric Power Enterprise Federation was held in Beijing. The “National Electric Power Supply and Demand and Economic Operation Situation Analysis and Forecast Report (2009-2010)” (hereinafter abbreviated as “Report”) announced at the meeting pointed out that China’s GDP growth will be around 9% in 2010, and the country’s overall electricity supply and demand balance will be more than adequate. The power consumption of the whole society is showing the trend of “high before and after low”. Infrastructure newly installed 85 million kilowatts. By the end of 2010, the country’s installed capacity for power generation was around 950 million kilowatts. Electricity consumption increased by 9% year-on-year, and electricity investment completed 660 billion yuan.

This year, the country will add 85 million kilowatts of installed capacity

According to statistics and research of the National Electric Power Industry Statistics Express (2009), China’s newly-added power installations in infrastructure will continue to maintain a high level of development in 2010, and the country’s annual infrastructure construction will increase the installed capacity by 85 million kilowatts. Among them, hydropower added more than 15 million kilowatts, thermal power added 55 million kilowatts, nuclear power added 1.08 million kilowatts, wind power added 13 million kilowatts, and solar photovoltaic power generation added 200,000 kilowatts. It is expected that the June and the fourth quarter will be the peak period of power production throughout the year. In terms of sub-regions, new installed capacity in East China, Northeast and Northwest China will increase significantly in 2010 compared with 2009. The newly installed capacity in North China and South China will decrease more than in the previous year, and the newly installed capacity in Central China will be similar.
The "Report" pointed out that the work of "scaling up and reducing pressure" will continue and the scope of shutting down will continue to expand. The country will introduce new and improved policies to encourage cross-regional substitution. In 2010, the company plans to shut down 10 million kilowatts of small thermal power units.
After considering the new and minor factors of infrastructure construction, it is expected that by the middle of 2010, the installed capacity of power generation in the country will exceed 900 million kilowatts. At the end of 2010, the installed capacity of power generation in the country was around 950 million kilowatts, including 210 million kilowatts of hydropower, 700 million kilowatts of thermal power, 10.16 million kilowatts of nuclear power, and 30 million kilowatts of grid-connected wind power.

Electricity investment structure continues to optimize

In recent years, the scale of China's power investment has maintained a certain growth rate. "From the current analysis of the scale and development trend under construction, the investment in power will maintain a relatively large scale in 2010. The annual power supply and power grid investment are expected to be around RMB 330 billion, and the annual national electricity investment will be RMB 660 billion, which is less than 2009. Yearly level," the report pointed out.
In 2009, the power infrastructure construction investment structure adjustment situation was very obvious, and the amount of investment in hydropower, nuclear power, and wind power infrastructure construction increased by 2.33%, 74.91%, and 43.90% respectively year-on-year. The amount of investment in thermal power infrastructure construction decreased by 11.11% year-on-year, accounting for only 40.20% of the total investment in power generation. This situation will continue to be maintained in 2010. The "Report" shows: "The proportion of thermal power in power investment will continue to be less than 50%, and the proportion of investment in hydropower and nuclear power will continue to increase."
In 2009, the power grid investment exceeded the power supply for the first time (in which grid and power supply investments were 50.90% and 49.10%, respectively). This year, although a new round of rural power grid reconstruction has started, investment in urban and rural power distribution networks will gradually increase, but the “Report” still predicts that the share of power grid investment in power investment will be lower than 50% again.

Power consumption growth is higher than 2009

The meeting pointed out that in 2009, China's power consumption growth rate has returned to a good momentum has been basically formed, at present, more positive factors to promote economic growth than unfavorable factors, the country's major infrastructure construction and post-disaster reconstruction, regional development planning and other investment will maintain rapid growth It is the most important driving force for the rapid growth of industrial electricity consumption; steadily increasing consumption, implementing consumer-driven policies, steadily improving people’s living standards, and frequent occurrence of extreme weather will ensure that the third industry and residents’ living use continues to be higher and higher. The growth rate will grow steadily and quickly, and the first industry will have a certain increase in electricity use.
The "Report" gives an optimistic picture of the growth in electricity demand in 2010. It is expected that the nation's electricity consumption growth will be higher than in 2009, and the national electricity industry statistics report for 2009 will be used as the base for calculation. The annual electricity consumption will increase by 9% year-on-year. , reaching about 397 billion kwh.
Taking into account the base effect of each month in 2009, the total electricity consumption in the society will show a general trend of “high before and after low” in 2010. The growth rate will exceed 10% in the first half of the year and it will gradually decline in the second half of the year. In terms of regions, Shanxi, Inner Mongolia, and the northwestern provinces have relatively low bases in 2009, and their electricity consumption will increase faster in 2010 than other provinces and regions. Provinces in Northeast China will be driven by factors such as economic recovery. Electricity will also have a certain recovery growth; East China and other eastern coastal areas will be more affected by the international market, and its electricity growth may be lower than the national average.
The "Report" predicts that China's annual utilization of power generation equipment will be around 4500 hours, which is basically the same as or slightly lower than 2009. The overall balance of electricity supply and demand in the country is more than adequate. Affected by uncertainties such as the supply of water, coal, and natural gas, Shanghai, Jiangsu, Zhejiang, Hubei, Hunan, Jiangxi, Sichuan, Chongqing, and other regions have tight supply and demand during certain periods of time. There may be some Power gap.