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 strong growth in revenue for the Thermal Power Generation industry. Over the past five years, industry revenue has been growing at an annualized rate of 7.5%. In the past two years, hydroelectric power output increased strongly, which negatively affected thermal power generation, however. In 2014, revenue from the Thermal Power Generation industry in China is estimated at $242.5 billion, up 5.4% from 2013.
Thermal power generation accounted for about 78.6%.... purchase to read more
Industry Report - Industry Products Chapter
In 2014, about 90.8% of the electricity-generation units in China are expected to be coal-fired. The share of coal-fired electricity has slightly decreased from about 98.9% in 2004. In future, coal-fired electricity-generation units are expected to increase steadily. In 2020, its generating capacity is forecast to 1,100 GW.
Oil-fired units generally have a smaller generating capacity of 100 megawatts to 199 megawatts. The majority of the oil-fired units have a generating capacity of 125 megawatts. The product segmentation at large power generating companies can differ slightly from the average level and may use higher levels of oil, while smaller power stations use less oil... purchase to read more