China boosted electricity generation to a seven-month high in March/2011.
Power output increased 15 percent from a year earlier to 383 billion kilowatt-hours, the Chinese National Bureau of Statistics announced recently. That’s the highest since August/2010, when production reached 390 billion kilowatt-hours.
“Demand is still pretty strong,” said Dave Dai, a Hong Kong-based analyst at Daiwa Securities Capital Markets. “There’s some revival of industrial activity coming out of the fourth quarter, when there were power constraints.”
Power production rose 13 percent to 1.07 trillion kilowatt-hours in the first three months, the most in as many quarters, the data showed.
China is expected to have a “relatively large” deficit in power supply in some regions this summer, the Chinese National Development and Reform Commission, the top economic planner, said recently.
Overall electricity demand may climb 12 percent to 4.7 trillion kilowatt-hours in 2011, according to estimates by State Grid Corp of China, the nation’s largest power distributor.