Thursday, March 15, 2012

Mar 15 - Total Electricity Consumption in Feburary Increased 22.95% YoY


Source: National Energy Administration, ChinaScope Financial (Data)
+       Data released by the National Energy Administration (NEA) shows that total electricity consumption in February was 386.3 billion kWh, a 22.9% year-on-year increase. The cumulative electricity consumption in the first two months of 2012 totaled 749.7 billion kWh, a 6.7% year-on-year increase.
+       In January and February, electricity consumption in the primary industry decreased 4.7% to 12.3 billion kWh; in the secondary increased 4.8% to 531.6 billion kWh; and in the tertiary increased 10.3% to 94 billion kWh. Electricity consumption for urban and rural residents increased 14.9% to 111.7 billion kWh.

Electricity consumption rebounded in February 2012; growth of residential electricity consumption remained stable


Other News Headlines:
n Premier WEN Reiterate That Housing Policies Will Not be Relaxed
n Total Electricity Consumption in Feburary Increased 22.95% YoY
n CBRC Raises Loan-to-Deposit Ratio Target to Encourage Lending
n Pinggao Electric Wins Bid for State Grid’s UHV Project
n Tencent’s Revenue in Q4 2011 Increased 43% to CNY 7.92 Billion

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