Chinese power generation decreased in August

Chinese power generation totalled 594.5TWh in August, down 1.7% m-o-m but still was 4.8% higher y-o-y. Thermal power generation, which is mostly coal-fired, totalled 431TWh, down 0.6% m-o-m but still was 3.5% higher y-o-y.  Nuclear generation totalled 23TWh, down 0.4% m-o-m but was 14.2% higher y-o-y.

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Hydroelectric generation totalled 116.8TWh, down 6.3% m-o-m but still was 5% higher y-o-y. Generation from other renewables such as wind and solar increased to 23.8TWh last month, up 1% m-o-m and up 23% y-o-y. This includes wind generation, which increased to 18.3TWh, up 1.7% m-o-m and up 24.3% y-o-y. Solar generation totalled 5.5TWh, down 1.3% m-o-m but still was 18.7% higher y-o-y.

China produced 4,165.9TWh of power over the first 8 months of the year, up 6.5% y-o-y. Thermal power generation increased to 3,089TWh, up 7.2% y-o-y. Nuclear generation increased to 161.5TWh, up 18.6% y-o-y.

In terms of renewable generation, hydroelectric generation declined to 702.4TWh, down 2.1% y-o-y. On the other hand, both wind and solar output increased to 171.6TWh and 40.9TWh respectively, up 19.4% and 34% y-o-y.

 

Source: NBS