China's power capacity to rise to 860 GW ‘09
Feb 7, 2009 | Alibaba

China's installed power generating capacity is likely to increase to a record 860 gigawatts by the end of the year, forecasts from the China Electricity Council showed.

This would be 9 percent higher than the level at the end of 2008.

Installed capacity gained 10.3 percent to 790 GW at the end of 2008 after rising 14.6 percent in 2007.

Growth in China's power consumption sank to an 8-year low of 5.23 percent last year as factories scaled back production or shut down operations due to diminishing orders.

The growth rate is expected to remain more or less the same in 2009, according to the council, an industry group regulated by the State Electricity Regulatory Commission.

However, the government should continue to arrange sizable power investment to meet future power demand, the council was quoted as saying in the report.

Zhang Guobao, China's energy chief, said on Tuesday that the country would invest 580 billion yuan on power projects this year.

The amount would be roughly the same as the 576.3 billion yuan in 2008, which was up 1.52 percent from the level in 2007, according to data from the electricity council. 

 

  E-mail   Save   Print
Prev : China to build 10 MW solar PV power plant in Dunhuang
Next : CKI to sell 3 power plants to HK Electric
Relevant News:
China nuclear giant CGN Power surges 24 pct in HK debut Dec 10, 2014
China may merge top nuclear power firms Dec 5, 2014
China to start 2nd unit at Fuqing nuclear plant in Aug Dec 1, 2014
China’s CGN Power seeks $3.2 bln in HK IPO Nov 25, 2014
China’s energy guzzlers Oct power use up 0.6 pct on mth Nov 24, 2014
RECOMMEND THIS STORY
Recommend It: Average (75 votes)

Phone:0086-351-7219322 Fax:0086-351-4728543 
Copyright © 2009-2012 Shanxi Fenwei Energy Consulting Co.,Ltd.All rights reserved.