Industry Analysis & Industry Trends
Power shortages, industry deregulation and the implementation of a market mechanism stimulated growth in China's power sector over recent years. These deregulation measures, combined with increases in the number of thermal power generation plants, contributed to growth in revenue for the Thermal Power Generation industry. Over the past five years, industry revenue has been growing at an annualized rate of 4.5%. In the past two years, hydroelectric power output increased strongly, which negatively affected thermal power generation, however. In 2015, revenue from the Thermal Power Generation industry in China was estimated at $233.3 billion, up 0.3% from 2014.
Thermal power generation accounted for about 75.4% of the country's total electricity generation in 2014, down from 83.2%.... purchase to read more
Industry Report - Industry Locations Chapter
The major electricity-generating provinces in China are Jiangsu with an estimated 10.8% of industry revenue, Guangdong with 9.3%, Shandong with 7.7% and Henan with 8.7% of total industry revenue in 2015.
Jiangsu and Guangdong are China's manufacturing centers across many economic sectors, which contribute greatly to power demand. The strong economic development, investment in fixed assets, and power transmission network construction in these two provinces have had a favorable impact on the industry's development. In 2015, the shares of enterprises in Jiangsu province and Guangdong province are 11.6% and 7.0%, respectively.
Shandong province and Henan province have China's highest populations and are the main coal mining areas in China... purchase to read more