China’s power use rises 9.8% in Q1

2018-04-13
Xinhua

BEIJING — China’s electricity consumption, a key barometer of economic activity, rose 9.8 percent to 1.6 trillion kilowatt-hours in Q1.

In March alone, power use stood at 532 billion kilowatt-hours, up 3.6 percent year-on-year, according to data released by the National Energy Administration (NEA).

Electricity used by the service sector rose 16.7 percent in January-March, followed by a 10.3 percent increase for the agricultural sector and 6.7 percent for the industrial sector. Residential power use was up 17.2 percent, the NEA said.

Earlier data from the National Development and Reform Commission (NDRC) showed electricity from clean energy sources expanded at a rapid pace.

In the January-March period, power production rose 10 percent year-on-year to 1.6 trillion kilowatt-hours, with solar and wind energy increasing by 58.7 percent and 37.9 percent, respectively.

The growth comes as the economy began 2018 on a strong note with better than expected data.

Industrial output expanded at 7.2 percent year-on-year in the first two months, while the fixed asset investment rose 7.9 percent, according to the NDRC.