Home About us Reports Pre-sale News Stock Market Database Custom Company Scan



 researchinchina > report > Heavy Industry > Energy > report

China Electric Power Industry Report (Risk Study), 2006

Published: Oct/2006

Hard Copy  USD $ 1,100
Pages: 95 Electronic(PDF)  USD $ 1,200
Report Code: Enterprisewide  USD $ 1,800
 

In 2005, China totally generated 2474.7 billion kWh with a year-on-year growth rate of 12.8%, which is lower than 14.8% in 2003 and 13.6% in 2004 yet still increase by quite a large margin. In the aspect of power consumption, the year 2005 still saw fast growth but somewhat slowed down. The whole society of China consumed 2468.9 billion kWh of electric power in 2005 with a year-on-year increase of 13.5%, declining 1.4% compared to growth rate in 2004.

Monthly Electric Power Demand in China, Jan-Dec 2006


 

Regional Demand for Electric Power

Regions

Provinces involved

Electric Power Requirements in 2006 (0.1 billion kwh)

Year-on-year growth rate (%)

North China

Beijing, Tianjin, Hebei, Shanxi, Inner Mongolian, Shandong

6214

11.45

North-east China

Liaoning, Jilin, Heilongjiang

2129

7.85

Central China

Jiangxi, Henan, Hubei, Hunan, Chongqing, Sichuan

4782

9.29

North-west China

Shaanxi, Gansu, Qinghai, Ningxia, Xinjiang

1931

10.02

East China

Shanghai, Jiangsu, Zhejiang, Anhui, Fujian

6820

13.23

South China

Guangdong, Guangxi, Hainan, Yunnan, Guizhou

4760

12.58

 

As the Chinese government leveled up the requirements of environmental protection and established the energy policies of “thrift first, self-independent, taking coal as the basis to achieve multi-polar development and constructing a steady, economical and clean energy supply system” during the Eleventh Five-Year Plan (2006-2010), nuclear power generation, wind power generation, hydropower generation and other renewable energy power generation will speed up during this period.

In terms of nuclear power generation, China will advance from the moderate development strategy to accelerating development strategy. Nuclear power will play an even more important role in China's future power development. Especially in the developed coastal areas with heavy power load, nuclear power will become the backbone of the power structure there. China has planned to build up another 30 sets of nuclear power generator within 15 years with total installed capacity of 36 to 40 million kWh, accounting for about 4% of China's total installed capacity of the electric power industry.

In the long-term industrial plan, the National development and Reform Commission of China has adjusted the objective of the wind power installed capacity for 2010 from 4 million kilowatts to 5 million kilowatts, and the objective for 2020 has adjusted from 20 million kilowatts to 30 million kilowatts. Conservatively estimated, when the factory price of every kilowatt of equipment is RMB 6,000, the market value will total RMB 30 billion by the year 2010.

China is speeding up its hydropower development and its hydropower installed capacity will reach 250 million kilowatts by the year 2020. This means that 46-47% of China's water resource will be exploited and utilized then.

In the past two years, as the electric power industry has rapidly developed, the risks of policies and laws have also increased. We initiated to organize research staff from the Development Research Center of the State Council (DRC) and others to jointly make this report which gives an in-depth analysis of risks about policies and laws in the electric power industry and at the same time studies the potential risks in fields such as financial affairs, markets, relevant industries and others of the electric power industry. We used the quantitative method to predict the indicators on the output capacity, economic benefits as well as the import export trade of the industry. From all accounts, we evaluate the risks in the electric power industry and offer corresponding solutions.



If this report could not still meet your requirement, or you have any comments or suggestions on it, please leave a message to us.
 
2005-2008 www.researchinchina.com All Rights Reserved