Analysis of Global Power Market slide image

Analysis of Global Power Market

Analysis of China's Power Operation Market Utilisation Rate of Power Generators Average Utilisation Hours of Power Generators (by Fuel Type), China, 2013-2018 Hours per year 9,000 7,873.9 7,787.0 7,403.3 7,060.4 7,089.0 7,184.0 6,000 5,020.6 4,777.7 4,364.1 4,185.5 3,669.1 3,590.2 3,618.9 4,219.0 3,597.0 4,361.0 3,613.0 3,359.3 3,000 2,024.6 2,095.0 1,900.2 1,949.0 1,724.3 1,744.8 1,342.2 1,235.3 1,224.8 1,129.3 1,205.0 1,212.0 2013 2014 2015 2016 2017 2018 Highlights ➤Driven by the accelerating growth of power consumption, the average utilisation hours of most of power generators in China experienced stable recovery from the low level from 2016 and 2018. The improvement is relatively significant in wind power and solar power due to a series of supportive policies for the consumption of clean energy, especially wind power and solar power. ➤ The utilisation hours of hydropower generators are relatively stable among those of all other power sources during the period from 2016 to 2018. According to the data of first 5 months of 2019, there was significant increase in the utilisation hours of hydropower generators driven by the improving consumption of hydropower and increase of water inflow. With the deepening of structural reform, the overall efficiency of thermal power industry is improving and utilisation hours are expected to increase steadily from 2016 to 2018. Hydropower Nuclear Solar Thermal Power Wind Power FROST & SULLIVAN Source: CEC, Frost & Sullivan 57
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