China Power

Chinese power generation reached 510.8TWh in April, up 6.9% y-o-y.

Chinese thermal power generation, which is mostly coal fired, totalled 378.5TWh in April, down 5.8% m-o-m but still was 7.3% higher y-o-y. Thist is mostly due to the seasonal rise in hydro generation, which rose to 70TWh, up 5.3% m-o-m although still was 2.6% lower y-o-y.

Nuclear power generation remained largely unchanged on a monthly basis, at 21.6TWh in April, down mere 0.9% m-o-m but still was 6.6% higher y-o-y.

In terms of renewables, power generation from wind and solar increased to 40.5TWh, up 5.5% m-o-m and up 23.3% y-o-y. Wind generation increased to 32.8TWh, up 7.2% m-o-m and up 22.6% y-o-y. Solar generation totalled 7.7TWh, down 1.3% m-o-m but still was 26.4% y-o-y.

This takes the total power generation in April to 510.8TWh, down 3.3% m-o-m but still was 6.9% higher y-o-y.

China produced 2,080TWh over the Jan.-April period, up 7.7% y-o-y. Thermal power generation increased to 1,600TWh, up 7.1% y-o-y. Hydro generation also increased to 263.3TWh, up 1.3% y-o-y.

Nuclear generation edged up to 82.7TWh, up 10.2% y-o-y.

Power generation from wind and solar increased to 119.7TWh and 26.8TWh respectively, up 29.4% and 29.2% y-o-y.

Source: NBS