July electricity consumption increased by 4.5% year-on-year, and the growth rate reached a new low in the same period of recent years.

In July, the electricity consumption growth data did not show the signal that the economic growth rate stabilized in the month. The monthly electricity consumption growth rate lowered the average level this year. According to the data of the whole society's electricity consumption released by the National Energy Administration on the 14th, the national total electricity consumption in July was 455.6 billion kWh, a year-on-year increase of 4.5%, which was 7.3 percentage points lower than the growth rate of 11.8% in the same period of last year. In June, the growth rate of 4.3% of electricity consumption only increased by 0.2 percentage points. The growth rate has hit a new low in the same period of the previous year. “The improvement in the growth rate of electricity consumption in July is mainly due to weather factors.” An expert from CEC told the China Securities Journal that the growth rate of urban and rural residents’ electricity consumption in July was much higher than that in June. The increase in the second industry, which is relatively large in electricity consumption, was lower than that in June in July. The electricity consumption of urban and rural residents has increased from the previous month, mainly due to the peak of summer electricity consumption in July, and the residential air-conditioning power load is relatively large. The data shows that the electricity consumption of urban and rural residents in July was 51.2 billion kWh, an increase of 9.11% year-on-year; in June, the electricity consumption of urban and rural residents was 43 billion kWh, an increase of 5.3%. Although the growth rate of electricity consumption has slightly increased, the trend of economic growth has not changed. The electricity consumption of the secondary industry is the biggest driving force for the growth of electricity consumption in the whole society. Its contribution rate can reach 75%, but the electricity consumption of the secondary industry in July was 339.5 billion kWh, up only 3.1% year-on-year. Moreover, this growth rate is also lower than the growth rate of the secondary industry in June. In June, the electricity consumption of the secondary industry was 315 billion kWh, a year-on-year increase of 3.3%. The 4.5% growth rate is likely to hit a record low in the same period in July. The data shows that even in the financial crisis of 2009, the growth rate of electricity consumption in July reached 6%. In the next two years, the growth rate of electricity consumption in July was actually more than 10%. The poor growth rate of electricity consumption in July also affected the overall electricity consumption growth this year. From January to July, the national total electricity consumption was 283.2 billion kWh, a year-on-year increase of 5.4%. From January to June, the national total electricity consumption was 2,377.5 billion kWh, a year-on-year increase of 5.5%. July is the first month of the second half of the year. Will the poor growth rate of electricity use affect the previous judgment of the trend of “before low and then high”? The above-mentioned China Electricity Association experts believe that whether the growth rate of electricity consumption in the second half of the year is mainly due to whether the economy has improved significantly, but from the data on electricity consumption in July and the electricity consumption in early August, it is not obvious that the economy is obvious. Signs of improvement. Although the severity of differentiation power structure slowdown in economic growth, but the associated data July electricity, it can be seen to better economic restructuring information. Since the beginning of this year, the growth rate of light industry and heavy industry has reversed. In 2011, the growth rate of heavy industry was higher than that of light industry, but since March 2012, the growth rate of light industry has been significantly faster than that of heavy industry, and this trend is still continuing in July. Light industry electricity consumption and heavy industry in July The electricity consumption growth rate was 5.9% and 2.4%, respectively. The growth rate of electricity consumption directly reflects the economic growth rate. In July, the added value of heavy industry increased by 8.8% year-on-year, and light industry increased by 10.1%. The above-mentioned CEC experts said that the growth rate of electricity consumption in light industry and heavy industry has changed, indicating that the current economic structure is changing. As far as the power industry itself is concerned, precipitation is abundant in July, water and electricity are full, and thermal power output is suppressed. The data shows that from January to July, the cumulative average utilization hours of power generation equipment in the country decreased by 122 hours year-on-year. Among them, the average utilization hours of hydropower equipment increased by 135 hours, and the average utilization hours of thermal power equipment decreased by 167 hours. From January to June, the cumulative average utilization hours of power generation equipment in the country decreased by 95 hours year-on-year. Among them, the average utilization hours of hydropower equipment increased by 47 hours, and the average utilization hours of thermal power equipment decreased by 113 hours.

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