DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4181ee/china_power_report) has announced the addition of the "China Power Report Q3 2011" report to their offering.
The China Power Report provides industry professionals and strategists with independent forecasts and competitive intelligence on China's power industry.
The new power industry forecasts indicate a moderation in the growth rate of consumption and generation of electricity. BMI forecasts that annual average growth of total electricity generation will be 6.5% between 2011 and 2015, while consumption will grow by 6.4% over the same period. The report sees downward risks to the forecasts for consumption stemming from the government's plan to impose strict controls on industry's carbon emissions and energy intensity. That said, China's overall electricity generation and consumption will remain considerable and in a league of its own.
On top of the policy changes affecting the nuclear sector, key themes for China's power sector this quarter include:
- The country is bracing itself for the one of the worst summer power crunch in years. Hydroelectricity generation in the Southern parts of the country, including Guangdong Province, has been negatively affected by a lack of rainfall. Furthermore, rising prices of coal, combined with tightly regulates on-grid and retail power prices (which restrain the ability of generators to pass on rising coal costs to power users) are eroding profitability at power plants, causing generators to cut production or even shut.
- In April 2011, China's largest electricity transmission and distribution company, State Grid Corporation of China, announced plans to boost its investment into China's power grid by 68% during the country's next five-year plan (2011-2015) as compared to the previous period. BMI believes this will add further impetus to the bullish outlook for power equipments manufacturers in China, while addressing concerns about electricity wastage.
- China's National Development and Reform Committee (NDRC) has significantly ramped up its targets for China's solar output to 2020. The report expects that the new targets, which stipulate solar PV capacity to reach 50GW by 2020, will create a major new market for Chinese manufacturers, offsetting a deceleration in investments in developed markets.
Key Topics Covered:
- SWOT Analysis
- Regional Industry Overview
- Industry Forecast Scenario
- Country Snapshot (Macro)
- Electricity Generation
- Electricity Consumption
- Transmission & Distribution, Imports & Exports
- Power Capacity
- China Power Forecast Scenario
- Regulation and Competition
- Asia Pacific Power Business Environment Ratings
- Competitive Landscape
For more information visit http://www.researchandmarkets.com/research/4181ee/china_power_report