Cut in outlook for electricity use in 2015
Print Edition
The China Electricity Council has trimmed its estimate of how much electricity the country will consume in 2015, based on the decelerating economy.
The CEC anticipates an annual rise of 1 percent in electricity use this year, compared with its previous forecast of 2 percent in June, said Ouyang Changyu, deputy secretary-general of the CEC.
He blamed the downgrading to weaker-than-expected economic growth and cool weather in the third quarter of the year, while predicting the economy would improve during the fourth quarter.
China’s power use grew 11.9 percent in 2011, 5.6 percent in 2012, 7.5 percent in 2013 and 3.8 percent in 2014.
In the first three quarters, power consumption rose 0.8 percent from a year earlier to 4.13 trillion kilowatt-hours, according to the National Energy Administration.
As the service sector takes a larger share of China’s economy than the power-consuming industrial sector, the country’s total energy use per unit of GDP is falling rapidly, said Ouyang.
In the first three quarters, energy use per unit of GDP fell 5.7 percent year on year, official data showed.
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