Zheng Quan Shi Bao Wang·2025-09-24 00:47Group 1 - In August, the total electricity consumption reached 10,154 billion kWh, representing a year-on-year growth of 5.0% [1] - By sector, the first industry consumed 164 billion kWh (up 9.7%), the second industry consumed 5,981 billion kWh (up 5.0%), the third industry consumed 2,046 billion kWh (up 7.2%), and urban and rural residential electricity consumption was 1,963 billion kWh (up 2.4%) [1] - The electricity supply-demand tension highlights the peak value of coal power, with expectations for a slight increase in electricity prices due to ongoing market reforms [1] Group 2 - Long-term demand-side supply assurance and peak regulation needs for thermal power are expected to persist, while coal prices are trending down, keeping industry profit margins reasonable [2] - The introduction of new energy policies is anticipated to stabilize expected returns, improve existing projects, increase new capacity, and enhance industry concentration [2]