Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

China Power Capacity Gains 10% as Consumption Rises, Xinhua Says

Jan. 17 (Bloomberg) -- 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.

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.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.