China's power consumption exhibits steady growth this year

China's national electricity consumption is estimated to grow 6-8 per cent year-on-year to 2.6-2.65 TWh in the second half of this year, according to the China Electricity Council (CEC), attributing the growth to an improving economy.

Quoating the CEC, Platts reports that China’s full year consumption of electricity is estimated to be 4.98-5.03 TWh, up 6-7 per cent year on year.

The State Electricity Regulatory Commission, which is under the State Council, forecast a similar figure last week - 5.1 TWh in 2012.

China's installed power generation capacity is expected to increase by around 86 000 MW to reach 1140 GW by the end of the year, representing an 8.2 per cent increase on 2011.

Of the 86 000 MW, 50 000 MW will come from coal fired power plants and 20 000 MW from its hydropower facilities, the CEC said.

Platts previously reported that in the first half of 2012, China consumed 2.38 TWh of electricity, up 5.5 per cent year-on-year, citing data from the National Energy Administration.

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