News News

China's energy consumption hits five-year record

日期: 2019-04-30
浏览次数: 2

Growth in China's energy consumption remains robust while the forms of energy continued to diversify in 2018, according to an annual report on China's energy development released Sunday by the China Electric Power Planning and Engineering Institute.

Total energy consumed last year reached 4.64 billion metric tons of standard coal, a year-on-year growth of 3.3 percent – a five-year record, according to the report.

Consumption of clean energy, including natural gas, hydropower, nuclear power and wind power, accounted for 22.1 percent of energy consumption last year, up 1.3 percent compared with the same period in 2017.

Non-fossil energy accounted for 14.3 percent, up 0.5 percentage points year-on-year, the report said.

China produced 3.77 billion tons of standard coal last year, up 5 percent year-on-year, a seven-year high. It has also become the world's largest natural gas importer, with a heavier reliance on energy imports.

The annual report estimates that total electricity consumption in 2019 is expected to grow 5.8 percent. Demand for coal is expected to hit 3.95 billion tons, with the power sector still playing a significant role in the consumption of coal.

Consumption of oil is predicted to reach 620 million tons, up 1.6 percent year-on-year, while the growth rate for natural gas consumption is expected to slow, with an annual consumption of 310 billion cubic meters in 2019, up 10.4 percent year-on-year, it said.


Share to:
News / Recommended news More
2019 - 08 - 24
More cooperation measures expected to facilitate access to bond marketsChina and Russia have agreed to strengthen cooperation in the financial sector, particularly in the bond market, with an aim of jointly supporting global economic growth following a high-level bilateral financial dialogue that ended this week.'Russia will actively consider the issuance of yuan-denominated bonds on the Moscow Ex...
2019 - 08 - 23
A Chinese rail company has started selling low-emissions freight containers that keep cold without the need for fuel-generated refrigeration.Hebei-based transport business CRRC Shijiazhuang sold 49 of the containers to a manufacturer in China this month, having developed a prototype last year in collaboration with academics from the University of Birmingham in the United Kingdom.The new container ...
2019 - 08 - 22
A State Council executive meeting in June decided to further facilitate customs clearance and continue to optimize the business environment at ports.China will streamline the integrated customs clearance process by implementing a two-step customs declaration mode: a simplified declaration before customs release, and then a complete declaration within a time frame.The two-step customs declaration m...
2019 - 08 - 21
BEIJING - China's steel production is set to decline significantly in the latter half of 2019 after reaching a record high in the first half, Fitch Ratings says in its latest report.Crude steel and steel-product output rose 9.9 percent and 11.4 percent to 492 million tons and 587 million tons, respectively, in the first six months, the ratings agency cited data from the National Bureau of Statisti...
Phone: 86-510-85750782 
Zip code:214031
Address: Room 3606, Block A, Yunhe East Road 555, Wuxi, Jiangsu Province, China
Copyright ©2018 - 2021 Leonzon International Trading Co., Ltd.
犀牛云提供企业云服务