New York News: According to State Grid Corporation of China, largest power distributor electricity demand is expected to increase 8.4 percent on the summer.
The new report showed that, the growth is 5.3 percentage points higher than that of last summer, said the company, which supplies power to 80 percent of China’s territory.
Seven provincial-level grids will see power demand grow by over 10 percent, with most of them in less-developed western regions, said the company.
The State Grid Corporation of China said it is launching safety inspections on power lines, and taking precautions to minimize the impact of thunder and heavy rain on power transmission.
China’s power consumption increased 4.9 percent in the first five months of 2013 from the same period last year, the National Energy Administration said Friday.
News of the soft growth followed a string of other key economic data that has pointed to subdued strength in the world’s second-largest economy.
China’s industrial production rose 9.2 percent year on year in May, while the producer price index, a measure of inflation at the wholesale level, fell for the 15th straight month in May.
China is the world’s most populous country and the largest energy consumer in the world. Rapidly increasing energy demand has made China extremely influential in world energy markets.
China is the world’s second-largest consumer of oil behind the United States, and the second-largest net importer of oil as of 2009.
China’s largest oil fields are mature and production has peaked, leading companies to focus on developing largely untapped reserves in the western interior provinces and offshore fields.
Although natural gas use is rapidly increasing in China, the fuel comprised less than 4 percent of the country’s total primary energy consumption in 2009.
China is the largest producer and consumer of coal in the world, and accounts for almost half of the world’s coal consumption.
China’s electricity generation continues to be dominated by fossil fuel sources, particularly coal. The Chinese government has made the expansion of natural gas-fired and renewable power plants as well as electricity transmission a priority.
The Three Gorges Dam hydroelectric facility, the largest hydroelectric project in the world, started operations in 2003 and completed construction in 2012.
By. Kim Long
New York News