Core Insights - The "China Electrification Annual Development Report 2025" indicates that China's electrification rate is projected to reach 28.8% in 2024, surpassing major developed economies in Europe and the US, with an increase of 0.9 percentage points from the previous year [1] Regional Analysis - The electrification rates for various regions in China are as follows: Beijing-Tianjin-Hebei at approximately 21.4%, Yangtze River Delta at 34.1%, Guangdong-Hong Kong-Macau Greater Bay Area at 41.7%, and Chengdu-Chongqing Economic Circle at 29.5%. A total of 14 provinces and municipalities have electrification rates exceeding the national average [2] Industrial Sector Insights - The industrial sector's electrification rate is steadily increasing, expected to reach about 27.7% in 2024, up by 0.6 percentage points from the previous year. The four major high-energy-consuming industries have an electrification rate of approximately 18.4%, increasing by 0.1 percentage points. High-tech and equipment manufacturing industries have an electrification rate of about 64.7%, also up by 0.1 percentage points. Consumer goods manufacturing has an electrification rate of approximately 46.0%, increasing by 0.8 percentage points [2] Construction and Services Sector - The construction sector's electrification rate is projected to grow rapidly, reaching about 55.3% in 2024, an increase of 1.8 percentage points. The wholesale and retail, as well as accommodation and catering sectors, have an electrification rate of 61.8%, up by 1.1 percentage points [2] Transportation and Rural Electrification - The transportation sector's electrification rate is expected to reach about 6.5% in 2024, increasing by 0.7 percentage points. In rural areas, the electrification rate for agriculture and rural residents is projected to be 43.6%, up by 1.9 percentage points [2] Future Projections - The report anticipates that during the 14th Five-Year Plan period, the national electrification rate will maintain a steady growth trend with an average annual increase of about 1 percentage point, reaching approximately 35% by 2030. Low-carbon electrification development is expected to contribute over 80% to the growth of the national electrification rate [3]

Core Insights - The "China Electrification Annual Development Report 2025" indicates that China's electrification rate is projected to reach 28.8% in 2024, surpassing major developed economies in Europe and the US, with an increase of 0.9 percentage points from the previous year [1][2] Regional Electrification Rates - The electrification rates in various regions are as follows: Beijing-Tianjin-Hebei at approximately 21.4%, Yangtze River Delta at 34.1%, Guangdong-Hong Kong-Macau Greater Bay Area at 41.7%, and Chengdu-Chongqing Economic Circle at 29.5%. A total of 14 provinces and municipalities have electrification rates exceeding the national average [1] Industrial Electrification Rates - The industrial sector's electrification rate is expected to rise to about 27.7% in 2024, an increase of 0.6 percentage points year-on-year. The four major high-energy-consuming industries have an electrification rate of approximately 18.4%, up by 0.1 percentage points [2] - High-tech and equipment manufacturing industries have an electrification rate of about 64.7%, also increasing by 0.1 percentage points. Consumer goods manufacturing sees an electrification rate of approximately 46.0%, with a rise of 0.8 percentage points [2] Sector-Specific Electrification Rates - The construction sector is experiencing rapid growth in electrification, projected to reach about 55.3% in 2024, an increase of 1.8 percentage points [2] - The wholesale and retail, as well as accommodation and catering sectors, have an electrification rate of 61.8%, up by 1.1 percentage points [2] - The transportation sector's electrification rate is expected to reach approximately 6.5%, increasing by 0.7 percentage points [2] - In rural areas, the electrification rate for agriculture and rural residents' living is projected to be 43.6%, with a rise of 1.9 percentage points [2] Future Projections - The report anticipates that during the 14th Five-Year Plan period, the national electrification rate will maintain a steady growth trend, averaging an increase of about 1 percentage point per year. By 2030, the electrification rate is expected to reach around 35%, with low-carbon electrification development contributing over 80% to this growth [2]

Core Insights - China's electrification rate is projected to reach approximately 28.8% in 2024, surpassing major developed economies in Europe and the US, with an expected increase to around 35% by 2030, exceeding the OECD average by 8 to 10 percentage points [1][2][4] Group 1: Economic Development - A high electrification rate serves as a "booster" for high-quality economic development, as electricity has the highest economic efficiency compared to coal and oil, allowing for greater economic output from the same energy input [2] - The strong stability of China's power grid and high electrification rate are key supports for emerging industries such as electric vehicles, data centers, artificial intelligence, and high-end precision manufacturing [2] Group 2: Energy Security - High electrification rates act as a "ballast" for energy security, addressing the risks associated with China's resource endowment of "rich coal, scarce gas, and lack of oil" by combining electrification with renewable energy [2] - The installed capacity of renewable energy in China has increased significantly, from 530 million kilowatts to approximately 1.7 billion kilowatts during the 14th Five-Year Plan, with renewable energy generation accounting for about 60% of total generation [2] Group 3: Green Transition - Electrification is a primary method for achieving low-carbon energy consumption, with initiatives to replace fossil fuel vehicles and coal-fired boilers with electric alternatives, contributing to reduced pollutant and carbon emissions [3] - The leading electrification rate enhances China's international competitiveness, particularly in areas such as ultra-high voltage transmission, smart grids, and electric vehicle charging standards [3] Group 4: Challenges and Future Outlook - Despite achievements, challenges remain, particularly the need for cleaner electricity sources, as coal power still constitutes a significant portion of electricity supply [4] - The focus for future development will shift from "how much electricity" to "what kind of electricity" and "how to use electricity," indicating a higher-level competition involving technology, policy, and business models [4]

Core Insights - China's electrification rate is projected to reach approximately 28.8% in 2024, surpassing major developed economies in Europe and the US, with an expected increase to around 35% by 2030, exceeding the OECD average by 8 to 10 percentage points [2][5] Group 1: Economic Efficiency - High electrification rates serve as a booster for high-quality economic development, as electricity has the highest economic efficiency compared to coal and oil, allowing for greater economic output from the same energy input [3] - The transition to electric energy can significantly enhance energy efficiency and reduce overall energy costs for enterprises, particularly benefiting emerging industries like electric vehicles, data centers, and high-precision manufacturing [3] Group 2: Energy Security - The electrification process, combined with renewable energy, is reshaping China's energy security landscape, addressing the risks associated with the country's reliance on imported oil and gas [3] - During the 14th Five-Year Plan period, China's installed capacity for wind and solar energy increased from 530 million kilowatts to approximately 1.7 billion kilowatts, with renewable energy generation capacity rising from 40% to around 60% [3] Group 3: Green Transition - Electrification is a primary method for achieving low-carbon energy consumption, with initiatives such as replacing fuel vehicles with electric ones and coal-fired boilers with electric furnaces contributing to reduced pollution and carbon emissions [4] - A high electrification rate supports the development of low-carbon industrial chains, providing China with a competitive advantage in the face of emerging global carbon tariffs [4] Group 4: International Competitiveness - China's leadership in electrification enhances its international competitiveness, particularly in areas like ultra-high voltage transmission, smart grids, and electric vehicle charging standards, where it has become a significant force in standard-setting [4] Group 5: Challenges Ahead - Despite the achievements, challenges remain, particularly in ensuring that electricity generation is clean, as coal-fired power still constitutes a significant portion of the energy supply [5] - The transition to renewable energy sources presents challenges related to grid stability and flexibility, necessitating innovative solutions to balance cleanliness, safety, and economic viability [5]

(责编：胡永秋、杨光宇) 关注公众号：人民网财经 《报告》显示，我国工业领域电气化率稳中有升，2024年达到约27.7%，较上年提高0.6个百分点，其中 四大高载能行业合计电气化率约18.4%，高技术及装备制造业合计电气化率约64.7%，消费品制造业合 计电气化率约46.0%。建筑领域电气化率保持较快增长，2024年达到约55.3%，较上年提高1.8个百分 点。 根据《报告》，"十五五"期间，全国电气化率将以年均约1个百分点的增幅保持增长态势，预计到2030 年，全国电气化率将达到35%左右，超出OECD（经济合作与发展组织）国家平均水平8至10个百分 点。 本报北京9月26日电（记者廖睿灵）中国电力企业联合会编制的《中国电气化年度发展报告2025》（以 下简称《报告》）近日发布。《报告》显示，2024年，我国电气化率约28.8%，较上年提高0.9个百分 点，中国电气化率已经高于欧美主要发达经济体。 分地区看，目前我国东部、中部、西部、东北地区电气化率分别达到约31.6%、27.5%、29.3%、 16.8%。京津冀、长三角、粤港澳、成渝地区电气化率分别达到约21.4%、34.1%、41.7%、29.5%，其 ...

Core Insights - The "China Electrification Annual Development Report 2025" was officially released at the 2025 New Power System Development Forum, indicating a steady growth in electrification rate during the 14th Five-Year Plan period [1] - The report projects that the national electrification rate will reach approximately 35% by 2030, with an average annual increase of about 1 percentage point [1] Group 1: Electrification Growth - The report highlights that the momentum for low-carbon electrification development is continuously strengthening [1] - It is expected that during the 14th Five-Year Plan period, the annual newly installed capacity of wind and solar power will exceed 200 million kilowatts [1] - The enhancement of green power production and supply capacity will play a crucial role in improving the electrification level, contributing over 80% to the growth of the national electrification rate [1]

News Focus - China's electrification rate has exceeded 28%, surpassing major developed economies in Europe and the US, with an expected rate of around 35% by 2030, exceeding the OECD average by 8 to 10 percentage points [2] Domestic News - The world's largest coal-fired carbon capture demonstration project has officially commenced operation, capable of capturing 150,000 tons of CO2 annually, marking a significant step towards achieving carbon reduction goals [3] - A breakthrough in the industrial application of liquid hydrogen production technology has been achieved, with a 5 tons/day liquid hydrogen production facility successfully operating for over 168 hours [3] - China's first national shale oil demonstration zone has surpassed a cumulative production of 5 million tons, indicating a shift from technical exploration to stable output in shale oil development [3] - The world's first 100 MWh digital energy storage power station has completed demonstration acceptance, marking a transition from research to large-scale engineering application in digital storage technology [4] - Chongqing plans to establish at least two municipal-level battery recycling and utilization industrial bases by 2027, supporting the development of a comprehensive battery recycling industry [4] - The first pumped storage power station in southwestern Zhejiang has been fully commissioned, with a total installed capacity of 1.8 million kW and an annual generation capacity of 180 million kWh [5] International News - Xcel Energy has agreed to pay approximately $640 million to settle lawsuits related to the Marshall fire in Colorado, highlighting the increasing wildfire risks faced by energy companies in the western US due to climate change [6] - Hungary's foreign minister criticized Western European countries for their double standards regarding energy purchases from Russia, revealing that only 2.2% of Russian oil exports go to Hungary [7] Corporate News - The largest single natural gas purification plant in China has been completed and put into operation in Sichuan, marking a breakthrough in the clean processing of complex natural gas resources [8]

Group 1: Electrification Rate Overview - The electrification rate in China is projected to reach approximately 28.8% in 2024, an increase of 0.9 percentage points from the previous year, with an expected rise to around 35% by 2030 [1] - Regional electrification rates for 2024 are as follows: Eastern region at about 31.6%, Central region at 27.5%, Western region at 29.3%, and Northeast region at 16.8%, with respective increases of 1.0, 1.1, 0.9, and 0.4 percentage points [1] - The Guangdong-Hong Kong-Macao Greater Bay Area's electrification rate is approximately 41.7%, exceeding Japan's rate by about 10 percentage points [1] Group 2: Industrial Electrification - The electrification rate in the industrial sector is expected to reach about 27.7% in 2024, up by 0.6 percentage points from the previous year [2] - High-energy-consuming industries have an electrification rate of approximately 18.4%, while high-tech and equipment manufacturing industries have a rate of about 64.7% [2] - The consumer goods manufacturing sector's electrification rate is around 46.0%, reflecting an increase of 0.8 percentage points [2] Group 3: Transportation and Rural Electrification - The transportation sector's electrification rate is projected to be about 6.5% in 2024, an increase of 0.7 percentage points [3] - The electrification rate for agriculture and rural residents is expected to reach 43.6%, with a significant increase of 1.9 percentage points [3] - The development of distributed photovoltaic systems in rural areas is advancing, with new models like "photovoltaics + agriculture" and integrated energy solutions emerging [3] Group 4: Low-Carbon Electrification - The trend towards low-carbon electrification is strengthening, with an expected annual addition of over 20 million kilowatts of wind and solar power capacity during the 14th Five-Year Plan period [3] - The enhancement of green electricity production and supply capabilities is anticipated to significantly support the increase in electrification levels, contributing over 80% to the growth of the national electrification rate [3]

Core Insights - China's electrification rate has surpassed 28%, exceeding that of major developed economies in Europe and the U.S. [1] - By 2030, the national electrification rate is expected to reach around 35%, which is 8 to 10 percentage points higher than the average of OECD countries [1] - The Guangdong-Hong Kong-Macao Greater Bay Area has the highest electrification rate in the country at 41.7% [1] Summary by Sections Current Electrification Status - The current electrification rate in China is over 28%, indicating that nearly 30% of total energy consumption will be electricity by 2024 [1] - The electrification level reflects the economic development and quality of life in a country or region [1] Future Projections - During the 14th Five-Year Plan period, the national electrification rate is projected to grow steadily at an average annual increase of about 1 percentage point [3] - If the electrification rate increases by 1 percentage point by 2025, it would require replacing 58 million tons of coal or 24 million tons of oil consumption with electricity [6] Market Opportunities - Each 1 percentage point increase in electrification will create substantial new electricity demand, necessitating significant investments in power supply, grid, and storage facilities [4] - The development of low-carbon electrification will stimulate new industries, business models, and energy scenarios, contributing to a green electricity economy [8] - By 2030, achieving a 35% electrification rate could lead to a market scale reaching trillions, significantly enhancing energy security [10]

Core Insights - The report indicates that China's electrification rate has surpassed 28%, exceeding that of major developed economies in Europe and the United States [1] - In 2024, China's electrification rate is projected to be approximately 28.8%, an increase of 0.9 percentage points from the previous year [1] - By 2030, the national electrification rate is expected to reach around 35%, exceeding the average of OECD countries by 8 to 10 percentage points [1] Regional Electrification Rates - The electrification rates in different regions are as follows: Eastern region at approximately 31.6%, Central region at 27.5%, Western region at 29.3%, and Northeastern region at 16.8% [1] - Fourteen provinces (regions, municipalities) have electrification rates above the national average [1] Sectoral Electrification Rates - The industrial sector shows a steady increase in electrification, with high-tech and equipment manufacturing achieving an electrification rate of 64.7% [1] - Other sectors such as consumer goods manufacturing, wholesale and retail, accommodation and catering, as well as agriculture and rural residents' living conditions are also experiencing rising electrification rates [1] Implications of Electrification - A higher electrification rate reflects the continuous enhancement of China's power supply capacity and signifies the acceleration of the country's green and low-carbon energy transition [1]