Social electricity consumption fell by 0.2% in October. The real economy downturn is the main cause

Abstract On November 16, the National Energy Administration released data on electricity consumption in the whole society in October. According to the data, in October, the total electricity consumption of the whole society was 449.1 billion kWh, a year-on-year decrease of 0.2%. In terms of industries, from January to October, the national total electricity consumption has accumulated...
On November 16, the National Energy Administration released data on electricity consumption in the whole society in October. According to the data, in October, the total electricity consumption of the whole society was 449.1 billion kWh, a year-on-year decrease of 0.2%.

In terms of industries, from January to October, the total electricity consumption of the whole country was 458.35 billion kWh, a year-on-year increase of 0.7%. In terms of industries, the first industry used 87.9 billion kWh of electricity, up 3.0% year-on-year; the second industry used 3.858 billion kWh, down 1.1%; the tertiary industry used 159.59 billion kWh, up 7.1%; The electricity consumption of urban and rural residents was 614 billion kwh, an increase of 4.6%.

Liu Jie, a researcher in the coal industry of Zhuo Chuang Information, said in an interview that the secondary industry accounts for about 70% of the total electricity consumption of the whole society. Therefore, the development of the secondary industry has a greater impact on the electricity consumption of the whole society. . Since 2015, the year-on-year growth rate of electricity consumption in the secondary industry has been in a negative growth trend, which is the main reason for the decrease in electricity consumption.

"The reason for the decline in electricity consumption in the secondary industry is that the real economy is in a downturn, the efficiency of industrial enterprises is not good, and the lack of work starts, resulting in a decline in electricity consumption. This directly leads to a decline in the coal demand of power companies, which leads to the oversupply of coal. Coal prices continue to fall, and coal companies' losses continue to expand." Liu Jie said.

Previously, in order to better develop the power industry, the National Energy Administration issued the Action Plan for the Transformation of Distribution Network (2015-2020), clearly stating that from 2015 to 2020, the investment in construction and transformation of distribution network should not be less than 20,000. 100 million yuan, of which the investment in 2015 is not less than 300 billion yuan, and the accumulated investment during the 13th Five-Year Plan period is not less than 1.7 trillion yuan.

Liu Jie said that although there is a good winter electricity season at the end of the year, the electricity consumption of industrial enterprises is still not optimistic, and the overall electricity consumption is unlikely to increase significantly.

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