中电联：预计今年四季度电力消费增速将高于三季度

Core Insights - The report from the China Electricity Council indicates that electricity consumption in July and August exceeded 1 trillion kilowatt-hours, setting a historical record [1] - The total electricity consumption for the first three quarters reached 7.77 trillion kilowatt-hours, reflecting a year-on-year growth of 4.6% [1] - The installed power generation capacity as of the end of September was 3.72 billion kilowatts, marking a year-on-year increase of 17.5%, with non-fossil energy sources accounting for 60.8% of the total capacity [1] Electricity Consumption Forecast - The fourth quarter is expected to see a higher growth rate in electricity consumption compared to the third quarter, with an annual total projected at approximately 10.4 trillion kilowatt-hours, representing a year-on-year growth of around 5% [1] - The total new power generation capacity for the year is anticipated to exceed 500 million kilowatts, setting a new historical high, with wind and solar capacity expected to surpass 1.8 billion kilowatts [1] Future Projections - By the end of 2025, the total installed power generation capacity is projected to reach about 3.9 billion kilowatts, reflecting a year-on-year growth of 16.5% [1] - During the peak winter demand period in 2025, the overall electricity supply and demand is expected to be balanced, although certain regions, particularly in North and East China, may experience tighter supply-demand conditions during peak hours [1]