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Henan Q1 Power Consumption Surges 17.9% YoY

https://en.steelhome.com [SteelHome] 2021-04-21 10:00:06

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Central China's Henan province registered a yearly growth of 17.9% in power consumption to 88.51 TWh in the first quarter.

Among all sectors, high-tech manufacturing, equipment manufacturing, consumer goods manufacturing and new energy vehicles are among the top of the list in terms of power consumption.

Power consumption of the province from January to March increased 17.9%, 19.9% and 16.2% respectively compared with the year-ago levels. It has maintained double-digit growth for seven straight months since September 2020.

Power consumed by high-tech manufacturing and equipment manufacturing surged 78.3% to 4.53 TWh in the first quarter, 44.2 percentage points higher than the province's average. Power consumed by general equipment manufacturing, automobile manufacturing, electrical machinery and electronic equipment manufacturing increased 101.5%, 84.8% 115.3% and 120.7% respectively during the first quarter.

Consumer goods manufacturing saw a 45.6% year-on-year increase in power consumption to 5.47 TWh in the first quarter. Specifically power consumption in food, textile and furniture manufacturing industries increased 43.7%, 59.4% and 21.4% year on year respectively.

The expansion of new energy vehicle and digital economy pushed up power consumption in the first quarter, with that in battery charging and Internet & Data Service rising 411% and 83.8% from the year before.

Source from SXCOAL

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