On September 23, the National Energy Administration released statistics for the national power industry from January to August 2024.
On September 23, the National Energy Administration released statistics for the national power industry from January to August 2024.
By the end of August, the cumulative installed power generation capacity reached approximately 3.13 billion kilowatts, a year-on-year increase of 14.0%. Solar power capacity was about 750 million kilowatts (up 48.8%), while wind power capacity stood at around 470 million kilowatts (up 19.9%). The average utilization of power generation equipment from January to August was 2,328 hours, down by 103 hours compared to last year. Major power generation enterprises invested a total of 497.6 billion yuan in power supply projects during this period, marking a rise of 5.1%. Investment in grid projects amounted to 333 billion yuan, an increase of 23.1% year on year.