The Overall Electricity Consumption in Many Places Shows Positive Signals, And My Country's Economy Accelerates Recovery

Power data is a "barometer" and "weather vane" that reflects economic operations. Since the beginning of this year, with the gradual recovery of consumer confidence and the resumption of production by enterprises, the overall electricity consumption in many places has shown positive signals. Let's take a look at the development trend of China's economy through the electricity consumption of various places. 5.9%, which is the year-on-year growth rate of electricity consumption in the whole society in March, while in the previous two months, this figure was only 2.3%. The number doubled and the economy recovered rapidly. In the first quarter, 26 provinces across the country achieved positive growth in electricity consumption.

As a major industrial and manufacturing province in Zhejiang, 8 of the 11 major industries achieved positive year-on-year electricity consumption growth. Among them, the contribution rate of industrial electricity consumption to the growth of electricity consumption in the whole society reached 40.66% in March, and the electricity consumption of manufacturing industry rebounded to a near historical high.
Zhang Caiyou, director of the Zhejiang Electric Power Marketing Department of State Grid: Among the 31 types of manufacturing industries, 6 types of industries have reached new highs in monthly electricity consumption since 2019, and over 80% of the manufacturing industry's electricity consumption has shown a positive trend. growing.
The recovery of electricity can show the good momentum of my country's economic recovery. Another positive change is that the power generation is greener.
The power supply projects of major power generation companies in the country have completed an investment of over 100 billion yuan, a year-on-year increase of more than 50%. This is a rare high investment growth for many years, which strongly supports the construction of power sources, especially non-fossil energy sources, in 2023. At the same time, the steady growth of power grid investment has formed a good development pattern of "source-grid" interaction, and promoted the high-quality development of the power industry.