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China posts slower power consumption growth in 2012

CHINA'S power consumption rose just 5.5 percent last year as slowing economy eased demand, according to data released today.
Electricity use totaled 4.96 trillion kilowatt-hours in 2012, the National Energy Administration said in a report. It increased 11.7 percent in 2011.
In 2012, power use by the primary sector, namely agriculture, forestry and mining, remained unchanged at 101.3 billion kWh, the administration said.
Power consumption by the secondary sector which makes manufactured goods rose 3.9 percent to 3.67 trillion kWh, while that of the service sector gained 11.5 percent to 569 billion kWh.
The nation's power consumption growth is slowing as factory output slackened due to weak demand. But power use has picked up in the final months of 2012 as the economy was recovering.
The State Grid Energy Research Institute forecast China's power consumption to reach 5.3 trillion kWh this year, up 6.9 percent from last year.
Also, China added 87 million kilowatts of generating capacity last year, including 19 million kw of hydropower, 51 million kw of coal-fired plants and 15.37 million kw of wind power, the NEA said.
China's installed generating capacity stood at 1.14 billion kw at the end of 2012, including 249 million kw of hydropower units, 819 million kw of coal-fired plants, 12.57 million kw of nuclear reactors and 62.37 million kw of wind turbines.




 

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