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September 29, 2005
Power Shortage Problems Continue in the Chinese Electric Power Market in 2005
Dublin (PRWEB) September 29, 2005 -- Research and Markets (http://www.researchandmarkets.com/reports/c24847) has announced the addition of Electric Power Market in China 2005 to their offering
The development of the power industry is very sensitive to the macro-economy. This is particularly true in China where three quarters of the electricity consumption comes from industrial demand. The Chinese government has carried out positive fiscal policies to increase investment in recent years. The domestic economic development is doing well. According to the National Electricity Industry Statistics Report, electricity generation in 2004 reached 2187 TWh, up by 14.8 percent YoY. However, the growth rate decreased 0.4 percent compared with the previous year. Nuclear power generation increased steadily and reached 50.1 TWh, increased by 14.1 percent YoY. In 2004, the overall electricity consumption of China was 2173.5 TWhs, increased by 14.9 percent YoY, which was the second high growth year following 2003 since China's adopting of reform and opening-up policy.
Power deficiency was the major issue in the electricity market in 2004, which was much more serious than 2003. In 2003, 21 provinces were reported to have power shortage problems while in 2004 the number increased to 24. The whole country was in a power shortage of about 10 million kilowatts while in 2004 over 30 million.
In 2005 power shortage problems continue. This report integrates a great deal of industrial data, facts and information concerning national policies, truthfully and objectively exhibits the current situation of China's electricity industry, and tries to forecast the industry trends.
This report analyzes the operation of China's power industry from 2001 to 2004, including general demand and supply analysis, regional market demand and supply analysis, analysis on power generation and development of grids. Also this report addresses the economic situations of China's power industry from 2001 to 2004, including economic indicators such as industrial scale, profits and efficiency. Related industries and circumstances are also included.
For more information visit http://www.researchandmarkets.com/reports/c24847
Laura Wood
Senior Manager
Research and Markets
Fax: +353 1 4100 980
Posted by Industrial-Manufacturing at September 29, 2005 02:56 AM