国家统计局：10月电力生产增速提高，同比增长7.9%

Core Insights - The National Bureau of Statistics of China reported on the energy production situation for October 2025, highlighting stable growth in oil and gas production, while coal production showed a slight decline [1][2] Energy Production Overview - In October, the production of raw coal remained high, with an output of 410 million tons, a year-on-year decrease of 2.3%, and an average daily output of 13.12 million tons. From January to October, the total raw coal production reached 3.97 billion tons, reflecting a year-on-year increase of 1.5% [1] - Crude oil production also maintained growth, with an output of 18 million tons in October, representing a year-on-year increase of 1.3%, although the growth rate slowed by 2.8 percentage points compared to September. The average daily output was 581,000 tons, and the total crude oil production from January to October was 180.64 million tons, up by 1.7% year-on-year [1] - Natural gas production saw a slowdown, with an output of 22.1 billion cubic meters in October, a year-on-year increase of 5.9%, down by 3.5 percentage points from September. The average daily output was 710 million cubic meters, and the total natural gas production from January to October was 217 billion cubic meters, up by 6.3% year-on-year [2] Electricity Production Insights - Electricity production in the industrial sector accelerated, with a total generation of 800.2 billion kilowatt-hours in October, marking a year-on-year increase of 7.9%, which is an acceleration of 6.4 percentage points compared to September. The average daily generation was 25.81 billion kilowatt-hours, and the total electricity production from January to October was 8,062.5 billion kilowatt-hours, reflecting a year-on-year increase of 2.3% [2] - By energy type, thermal power production turned positive with a year-on-year growth of 7.3% in October, compared to a decline of 5.4% in September. Hydropower increased by 28.2%, although the growth rate slowed by 3.7 percentage points. Nuclear power grew by 4.2%, accelerating by 2.6 percentage points from September. Wind power saw a decline of 11.9%, with the drop expanding by 4.3 percentage points, while solar power increased by 5.9%, but the growth rate slowed by 15.2 percentage points [2]