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Market analysis of China's power generation industry in 2019

scanning:5813 author: from: time:2020-08-01 classify:news
1. China\'s cumulative installed capacity growth has slowed In recent years, my country’s installed power generation capacity has continued to increase and has maintained a growing trend. From 2012 to 2019, my country’s cumulative installed power generation capacity has increased from 1.147 billion kilowatts to 20.11 kilowatts. However, after 2015, the growth rate of installed capacity has shown a downward trend. In 2019, the year-on-year growth rate of installed capacity in my country was 5.84%

1. China's cumulative installed capacity growth has slowed

In recent years, my country’s installed power generation capacity has continued to increase and has maintained a growing trend. From 2012 to 2019, my country’s cumulative installed power generation capacity has increased from 1.147 billion kilowatts to 20.11 kilowatts. However, after 2015, the growth rate of installed capacity has shown a downward trend. In 2019, the year-on-year growth rate of installed capacity in my country was 5.84%.


In 2019, among the national installed capacity of power generation, thermal power installed capacity was 1.191 billion kilowatts, accounting for 59.2% of total installed capacity; hydropower installed capacity was 356 million kilowatts, accounting for 17.7% of total installed capacity; nuclear power, wind power, and solar power installed capacity split 48.74 million Kilowatts, 210 million kilowatts and 205 million kilowatts. The total installed capacity of clean energy has reached 820 million kilowatts, accounting for 40.8% of the total installed capacity.


2. China's power investment has declined year after year

In the past decade, the annual investment in my country's power industry has fluctuated, and since 2017, the investment in power has shown negative growth for three consecutive years. In 2019, my country's power investment was 799.5 billion yuan, a year-on-year decrease of 1.2%.


3. Grid-side investment dominates

In 2019, in the national power investment structure, the grid-side investment accounted for 61%, and the power-side investment accounted for 39%. Among them, 485.6 billion yuan was invested in the construction of national power grid projects, of which 110 kV and below power grid investment accounted for 63.3% of power grid investment, an increase of 5.9 percentage points from 2018.


In 2019, the country’s new installed power generation capacity was 101.73 million kilowatts, of which 4.17 million kilowatts were added for hydropower, 40.92 million kilowatts for thermal power, 25.74 million kilowatts for wind power, and 26.81 million kilowatts for solar power.


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