Home>News Center>China
       
 

Electricity supply to be balanced in 2007
(Xinhua)
Updated: 2005-08-09 07:19

China is expected to see a balance of electricity supply and demand with somewhat of a surplus, said a senior official with China Electricity Council (CEC) Monday.

The transformers are seen in this picture taken in Shanghai on August 2, 2005. [newsphoto]
Wang Yonggan, Secretary-General of CEC, made the remarks at a press conference for the "2005 China Power Forum" which is due to be held from Wednesday to Thursday.

According to Wang, China saw a newly installed power capacity of over 50 million kilowatts in 2004, and the figure will remain at 70 million kw annually from 2005 to 2007.

By the end of 2007, China will boast an installed power capacity of 650 million kw, by which time the electricity supply and demand of the country will be basically balanced, and will even have some surpluses, said Wang.

China is the second largest installed power capacity owner and the second largest power generator in the world next to the U.S., said Wang.

An annual installed power capacity of 70 million kw means an annual investment of nearly 350 billion yuan (43.2 billion US dollars). China has become one of the largest power markets in the world, he said.

However, the rapid development of China's electricity industry has also created problems such as over-investment, high consumption, pollution and inefficiency as well as various infrastructural problems, said Wang.
Page: 12



Coal mine flooding traps 102 in Guangdong
Bus blast kills one, injures 23
Coal mine flooding traps 102 in Guangdong
  Today's Top News     Top China News
 

Hopes fade for 102 trapped miners in Guangdong

 

   
 

Trade surplus to decrease in second half

 

   
 

Suicide bomber strikes on bus, injuring 31

 

   
 

Electricity supply to be balanced in 2007

 

   
 

Scientists call for national flowers

 

   
 

Iran restarts uranium conversion facility

 

   
  Bank of China eyes 4 foreign investors - report
   
  China's google Baidu soars in Nasdaq debut
   
  Officials sacked for deception on pig diseases
   
  Anthrax outbreak under control
   
  Measures target threat of emergencies
   
  China's petroleum market to be tight in second half this year
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
6 killed, 2 injured in electricity leakage accident in Tianjin
   
China's electricity supply and demand tension relieved in 1st half this year
   
Beijing sends workers on leave to save power
   
Official: Sabotage of power grid 'rampant'
   
Stormy romance brings Florida baby boom
   
Zhejiang braced for power shortages
   
China to build wind farms offshore
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement