In January, there was a rare negative growth in electricity consumption in the entire society

A source recently revealed to reporters that the growth rate of electricity consumption in the whole society in January this year was approximately -7.5%, and the cumulative growth rate in January-February is expected to be only 5% to 6%. In January of the previous year, due to the approaching Spring Festival, industrial production activities were inactive, and the growth rate of electricity consumption in the society as a whole fell. However, negative growth has been rare in recent years. This person believes that the negative growth in electricity consumption is mainly due to the Spring Festival holiday, the larger base of electricity consumption growth in January last year and the economic growth rate decline.

The Spring Festival factor is the main reason for negative growth. The source said that because of the Spring Festival this year in January, many industrial production activities were suspended during the long holidays, and there was less demand for electricity. In the first half of this year, the year-on-year growth rate of electricity consumption was about 3%, and the growth rate in the middle and late years dropped sharply.

Last year, the large electricity consumption base and economic growth slowdown are also important reasons. Since September 2010, various regions have conducted power cuts of varying degrees. In the fourth quarter of 2010, the base of electricity consumption was low, resulting in the release of electricity demand in January last year. The electricity consumption of the entire society increased by 10.1% year-on-year. In addition, the current growth rate of the national industrial economy has slowed down. Zhu Hongren, chief engineer of the Ministry of Industry and Information Technology, said on the 7th that industrial growth may slow further in the first quarter of this year.

It is worth noting that the source mentioned above that if continuous low temperatures were observed in February this year, cumulative total electricity consumption growth in the January-February period is expected to reach about 6%, but if the weather quickly picks up, cumulative growth in January-February may only be It's about 5%. According to data released by the National Energy Administration, the cumulative growth of electricity consumption in the entire society from January to February last year was 12.32%.

The China Electric Power Enterprise Federation predicted that the growth rate of electricity consumption in the entire society will show a low and high growth rate this year. The annual growth rate is about 9.5%, and the growth rate in the first two months may be only about 5%. Analysts said that the higher-than-expected full-year growth rate is due to the fact that CEC expects the economic growth to pick up in the second half of the year.