China's installed power capacity up 11.5% YoY by end-Jul, NEA

sxcoal.com Thermal Power,  Hydropower,  Wind,  Nuclear,  Solar 2023-08-18 08:50:26

China's installed electricity generation capacity reached 2.74 TW by the end of July, an 11.5% rise from a year earlier, showed data from the National Energy Administration (NEA) on August 17.

 

This came after 2.71 TW by the end of June, suggesting 30 GW of capacity was installed in July.

 

Wind installed capacity was 392.91 GW by end-July, up 14.3% year on year, and solar capacity rose 42.9% to 490.81 GW, the NEA data showed.

 

Hydropower installations totaled 418.12 GW, a 4.1% rise from a year ago, and nuclear capacity increased 2.2% to 56.76 GW.

 

Thermal power capacity reached 1.36 TW, a 4% rise year on year.

 

In the first seven months of 2023, raw coal consumption for heating was registered at 200.67 million tonnes, up 6.4% from the previous year.

 

In January-July, utilization of all power generation units averaged 2,079 hours, down 54 hours compared to the same period of 2022.

 

By source, hydro- and solar-based units declined 523 hours and 42 hours to 1,578 hours and 780 hours, respectively. The operations of thermal and wind units gained 96 hours and 112 hours respectively to 2,573 and 1,416 hours. Nuclear power utilization increased 100 hours to 4,440 hours, data showed.

 

China invested a total of 401.3 billion yuan in power projects during January-July, a 54.4% rise year on year. Investment on solar farm surged 108.7% from the year-ago level to 161.2 billion yuan and nuclear power rose 50.5% to 43.9 billion yuan. The investment on grid projects rose 10.4% on the year to 247.3 billion yuan.

 

(Writing by Rebecca Liu  Editing by Emma Yang)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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