On November 15, China national bureau of statistics announced the energy production situation in October 2022. In October, the production of industrial raw coal, crude oil, natural gas and electricity above designated size maintained year-on-year growth. Compared with September, the growth rate of raw coal has dropped, the growth rate of crude oil and natural gas has accelerated, and the growth rate of electricity has turned from negative to positive. In October, power generation was 661 billion kwh, a year-on-year increase of 1.3%, and a decrease of 0.4% in the previous month, with an average daily power generation of 21.32 billion kwh. From January to October, the power generation was 7.0 trillion kwh, a year-on-year increase of 2.2%.
The growth rate of power production turned from negative to positive. In October, power generation was 661 billion kwh, a year-on-year increase of 1.3%, and a decrease of 0.4% in the previous month, with an average daily power generation of 21.32 billion kwh. From January to October, the power generation was 7.0 trillion kwh, a year-on-year increase of 2.2%.
In terms of varieties, in October, the growth rate of thermal power slowed down, the decline rate of hydropower narrowed, nuclear power turned from decline to increase, and wind power and solar power maintained rapid growth. Among them, thermal power increased by 3.2% year-on-year, and the growth rate dropped by 2.9 percentage points from the previous month; hydropower decreased by 17.7%, and the decline rate narrowed by 12.3% points from the previous month; nuclear power increased by 7.4%, wind power increased by 19.2%. Solar power grew 24.7%.
