China's Power Generation Soars by 2.5% in July

Year-on-Year Increase in Power Output

China's July power generation experienced a significant year-on-year increase of 2.5%, according to data from the National Bureau of Statistics (NBS).

Key Highlights

• Industrial power consumption increased by 5.1% year-on-year, contributing to the overall surge.
• Cumulative installed power generation capacity reached 2.81 billion kilowatts, a 12.6% increase from last year.
• Renewable energy sources, including solar and wind power, accounted for a growing share of the power mix.

The increase in power generation has been attributed to several factors, including the post-COVID-19 recovery in industrial activities and the government's emphasis on energy security.

China's energy consumption has been rising steadily in recent years, driven by economic growth and urbanization. The country has been implementing measures to increase energy efficiency and diversify its energy sources.

The latest power generation figures suggest that China continues to make progress towards its energy security and environmental goals.

For more information, refer to the following sources:

• Reuters
• Global Times