China’s power consumption in August rose 8.3 percent from a year ago because of increased cooling demand due to high temperatures.
China’s power consumption reached 563.1 billion kilowatt hours (kwh) in August, said Zhao Chenxin, spokesman for the National Development and Reform Commission (NDRC).
Power consumption totalled 3.89 trillion kwh in the first eight months of 2016, up 4.2 percent from the same period last year.
China’s manufacturing sector unexpectedly expanded in August, with the official Purchasing Managers’ Index (PMI) rising to 50.4, the fastest pace in nearly two years.
Monthly imports in August also unexpectedly rose for the first time in nearly two years and industrial output increased at the fastest rate in fives years.
The rapid rise in August power consumption reversed the recent negative growth in thermal power production, with power generated from coal and natural gas rising 7.7 percent from a year ago in August, the NRDC’s Zhao said.
Hydropower output climbed 5.8 percent while nuclear power production increased 20.1 percent during August.
The NDRC also approved 25 fixed-asset investment projects in August with a total value of 196.6 billion yuan ($29.48 billion), which are mainly transportation, water conservancy and energy projects.
Most of Japans reactors are still shutdown
SOURCES – Reuter, NRDC, IAEA PRis
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