Chinese Power Capacity Advances 10% as Consumption Climbs, Xinhua Reports

China’s power-generation capacity gained 10 percent last year, matching the increase in 2009, as consumption rose, the official Xinhua News Agency said.

Installed capacity climbed to 962,190 megawatts in 2010, the news agency reported, citing data from the China Electricity Council. Thermal power capacity accounted for 706,630 megawatts last year, or 73 percent of the total, Xinhua said.

China aims to add 500,000 megawatts of capacity in the five years ending 2015 to meet rising demand, China State Grid Corp. said on Jan. 10. Last year, power consumption jumped 15 percent to more than 4.19 billion megawatt-hours, Xinhua said in a separate report today. That compares with the 6.4 percent gain in 2009 and the 5.5 percent increase in 2008.

In 2010, hydropower capacity stood at 213,400 megawatts and nuclear capacity at 10,820 megawatts, while wind-power capacity rose 82 percent to 31,070 megawatts, according to Xinhua.

--Winnie Zhu. Editors: Ryan Woo, Alexander Kwiatkowski.

To contact the reporter on this story: Winnie Zhu in Shanghai at wzhu4@bloomberg.net

To contact the editor responsible for this story: Jane Lee at jalee@bloomberg.net.

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