Economic Calendar

Friday, September 19, 2008

China Eight-Month Power Use Rises 10%, Electricity Council Says

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By Wang Ying

Sept. 19 (Bloomberg) -- China, the world's second-biggest energy-using nation, increased electricity consumption by 10.2 percent in the first eight months of this year.

Power demand rose to 2.33 billion megawatt-hours between January and August, the China Electricity Council in Beijing said in a statement on its Web site. Power production increased 10.9 percent to 2.32 billion megawatt-hours, it said.

The country spent 187.5 billion yuan ($27.5 billion) on power stations as it added 51.8 gigawatts of new capacity in the first eight months of 2008, it said. Spending on electricity networks reached 160.6 billion yuan.

To contact the reporter on this story: Wang Ying in Beijing at wang30@bloomberg.net.




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