In the first half of the year, the growth rate of electricity consumption fell to 5.5%

CEC’s “National Electricity Supply and Demand Situation and Annual Analysis and Forecast Report for the First Half of 2012” shows that in the first half of the year, the country’s total social power consumption was 2.38 trillion kWh, an increase of 5.5% year-on-year, and the growth rate was 6.7 points lower than the same period of last year. The percentage point is mainly reflected in the sharp decline in the growth of electricity consumption in industrial and high energy-consuming industries. Specifically, the electricity consumption of the secondary industry and its industrial and manufacturing industries increased by 3.7%, 3.7%, and 2.5% year-on-year, respectively, and the growth rates all dropped significantly compared with the same period of last year. The chemical materials and products industries in the manufacturing industry, Non-metallic mineral products industry, ferrous metal smelting and rolling processing industry, non-ferrous metal smelting and rolling processing industry, the total electricity consumption of the four major industries increased by 1.6% year-on-year, accounting for the proportion of the entire society's electricity consumption decreased by 1.2 percentage points over the same period last year The contribution rate to the growth of electricity consumption of the entire society has dropped by 21.2 percentage points compared with the same period of last year. This is an important reason for the apparent decline in the growth rate of the electricity consumption of industry and even the whole society.

In contrast, the electricity consumption of the tertiary industry and urban and rural residents increased by 12.1% and 12.7% year-on-year, respectively. The contribution rate to the growth of electricity consumption of the entire society was 22.3% and 27.4%, respectively, which was 10.4% higher than the same period of the previous year. And 15.2 percentage points, have a greater role in the growth of electricity consumption in the entire society.

CEC said that due to the possibility of a stable growth in the economic growth rate in the second half of the year, consumer demand for electricity will also stop falling and rising in the second half of the year, but the growth rate will fall from that in 2011. In the second half of the year, the nationwide electricity consumption is expected to be 2.60 trillion kWh to 2.65 trillion kWh, an increase of 6% to 8% year-on-year; the entire country's total social power consumption is 4.98 trillion kWh to 5.03 trillion kWh. , an increase of 6% to 7%.

In addition, from the perspective of electricity supply, it is worth noting that due to the slowdown in electricity consumption demand and the monthly increase in hydropower generation growth, thermal power generation has continued to grow negatively since April, and thermal power equipment utilization hours have gradually decreased. According to statistics, in the first half of the year, the utilization hours of thermal power equipment was 2,489 hours, a decrease of 113 hours compared with the same period of the previous year. It was the lowest level of the same period in all years except for 2009 during the “Eleventh Five-Year Plan” period.

Coupled with the fact that the coal price of the plant has still increased year-on-year, the operating conditions of thermal power companies have not improved. According to CEC, although the price of coal in the coastal water market has declined significantly since the beginning of the year, especially since June, the price of coal for coal-fired power companies has risen by more than 5% of the national regulations, plus pit coal. The decline in coal prices inland and inland was relatively small. The actual coal price of the five major power generation groups witnessed a smaller year-on-year decline in the standard coal prices. The cumulative average unit price of the five major power generation groups in the first half of the year was still higher than the same period of last year.

The continued loss of thermal power also makes its investment continue to shrink. In the first half of the year, the country’s newly added power generation capacity was 25.85 million kilowatts, a decrease of 8.92 million kilowatts from the same period of last year, mainly due to the reduction of 7.44 million kilowatts of thermal power over the same period of last year. In the power investment, thermal power investment decreased by 16.8% year-on-year, and thermal power investment accounted for 4.7 percentage points lower than the same period last year.

To this end, the CEC suggested that the mechanism for the formation of thermal power prices in major hydropower provinces such as Sichuan, Hunan, and Yunnan should be studied as soon as possible to ensure the enthusiasm of thermal power companies for investment and production. At the same time, speed up the study to solve the "market coal plan electricity" and electric coal transportation problems, and create conditions for the realization of coal prices, concrete measures include accelerating the formation of objectively reflect the actual domestic coal price index to the plant; appropriate adjustment of some coal-electricity linkage difference In order to make up for historical debts; before the lifting of the railway transportation restrictions, all key coal-fired contracts were converted to medium- and long-term contracts, and most of the market coal contracts were converted to medium- and long-term contracts. All of their coal transportation was included in the national key transportation plan and the capacity was transferred. Mainly allocated to power generation groups; Accelerating system reforms in the circulation sector, reducing intermediate links, and outlawing unreasonable intermediate link charges; Deploying most of the newly added coal resources to large power generation groups, and supporting mergers and joint ventures between power generation companies and coal companies, etc. .

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