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State Grid’s annual cumulative electricity consumption achieves positive growth

State Grid’s annual cumulative electricity consumption achieves positive growth

  • Categories:Industry Trends
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  • Time of issue:2020-09-22 15:08
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(Summary description)A few days ago, the cumulative annual electricity consumption of State Grid Corporation of China customers reached 2.96 trillion kWh, an increase of 730 million kWh over the same period last year, an increase of 0.02% year-on-year, and the cumulative growth rate turned positive for the first time this year. Prior to this, the electricity consumption of State Grid customers continued to rise, with a growth rate of 9.8% in August.

State Grid’s annual cumulative electricity consumption achieves positive growth

(Summary description)A few days ago, the cumulative annual electricity consumption of State Grid Corporation of China customers reached 2.96 trillion kWh, an increase of 730 million kWh over the same period last year, an increase of 0.02% year-on-year, and the cumulative growth rate turned positive for the first time this year. Prior to this, the electricity consumption of State Grid customers continued to rise, with a growth rate of 9.8% in August.

  • Categories:Industry Trends
  • Author:
  • Origin:
  • Time of issue:2020-09-22 15:08
  • Views:
Information
A few days ago, the cumulative annual electricity consumption of State Grid Corporation of China customers reached 2.96 trillion kWh, an increase of 730 million kWh over the same period last year, an increase of 0.02% year-on-year, and the cumulative growth rate turned positive for the first time this year. Prior to this, the electricity consumption of State Grid customers continued to rise, with a growth rate of 9.8% in August. This is mainly driven by factors such as my country's economic stability and the hot summer weather, showing the strong resilience and potential of my country's economy.
 
In terms of industry, the cumulative annual electricity consumption of the primary, secondary, and tertiary industries and residents' lives increased by 8.0%, -1.7%, -1.7%, and 7.2% respectively year-on-year. The cumulative annual electricity consumption of the secondary and tertiary industries was the same as last year. There is still a gap, but the decline has narrowed significantly.
 
The main industrial industries-equipment manufacturing industry took the lead in exceeding the level of the same period last year, with a year-on-year increase of 1.3%. The cumulative growth rate of electricity consumption in the automobile and "new infrastructure" related industries is relatively leading, and the manufacturing of computers, communications and other electronic equipment The cumulative annual electricity consumption of the automobile manufacturing, electrical machinery and equipment manufacturing industries increased by 9.5%, 8.9%, and 4.3% respectively year-on-year.
 
In contrast, the cumulative electricity consumption of some consumer optional goods industries that are highly dependent on foreign trade still dropped significantly year-on-year. Leather, fur, feathers and their products, as well as footwear, textiles, textiles, clothing, and apparel Electricity consumption increased by -13.7%, -12.0%, and -10.2% respectively year-on-year. However, it is worth noting that the textile, apparel and apparel industries have shown signs of recovery recently, and the growth rate of electricity consumption in August turned from negative to positive at 1.6%.
 
Looking at the tertiary industry, the growth rate of electricity consumption in the information transmission, software and information technology service industries continues to lead, with a cumulative annual growth rate of 27.4%; electricity consumption for health and social work maintains rapid growth, with a cumulative annual growth rate of 6.3%; others Most of the cumulative annual electricity consumption in the service industry is far from last year's level, and the cumulative annual electricity consumption in the education, culture, sports and entertainment industries increased by -19.8% year-on-year.
 
From a regional perspective, the electricity consumption situation in the western region is outstanding.
 
The cumulative annual growth rate of electricity consumption by customers of Southwest Power Grid reached 5.7%. This is mainly due to the orderly progress of the resumption of work and production under the premise of effective control of the epidemic, especially driven by the “new infrastructure” related projects, the power consumption of the secondary industry has increased significantly. The cumulative annual electricity consumption of Southwest Power Grid customers achieved positive growth in May, and then the continuous high temperature weather in summer stimulated the rapid growth of air-conditioning load, and electricity consumption continued to rise.
 
The cumulative annual growth rate of power consumption by Northwest Power Grid customers is 2.5%, second only to Southwest Power Grid. The main reason is that the Northwest Power Grid's electricity load is mainly produced by ferroalloy, electrolytic aluminum and coal. The production and operation activities of enterprises are less affected by the epidemic and resume work Early resumption of labor. On the other hand, the northwest region is rich in clean energy resources, and local power companies strive to increase the consumption of electricity on-site, and promote the replacement of consumer terminal electricity, which has also driven the growth of customer electricity consumption. As of September 2, the cumulative annual growth rate of power consumption by customers in Shaanxi, Gansu, Qinghai, and Xinjiang power grids has all turned positive, with Gansu’s 7.5%, ranking first in the State Grid.
 
As a "vane" of economic operation, electricity data shows that the economy is stable and positive, especially related industries such as the digital economy and "new infrastructure" continue to grow, injecting new momentum into economic development. (Reproduced: National Grid)

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