Group 1: Economic Growth and Electricity Consumption - The growth in electricity consumption this year reflects the resilience and vitality of the national economy, indicating stable economic operations despite pressures [1][2] - From January to May, the total electricity consumption reached 3.97 trillion kWh, with a year-on-year growth of 3.4%, and monthly growth rates exceeding 4% in recent months [1][2] - The report forecasts a 5% to 6% year-on-year increase in national electricity consumption by 2025, with an overall balance in supply and demand expected [1][2] Group 2: Sectoral Electricity Consumption - In the first five months, the primary industry consumed 54.3 billion kWh, showing a significant year-on-year increase of 9.6%, driven by improvements in agricultural infrastructure [2] - The secondary industry consumed 2.59 trillion kWh, with a year-on-year growth of 2.2%, while high-tech and equipment manufacturing sectors saw a growth of 3.3% [2] - The tertiary industry consumed 740.6 billion kWh, with a notable year-on-year increase of 6.8%, particularly in the information technology and digital economy sectors [2] Group 3: Electricity Market Development - The national unified electricity market is expected to be preliminarily established by 2025, with significant progress in market construction and resource allocation [4][5] - From January to May, market-based electricity transactions reached 2.45 trillion kWh, accounting for 61.8% of total electricity consumption, with expectations to exceed 6 trillion kWh for the year [4] - The construction of provincial electricity spot markets and cross-regional trading has accelerated, enhancing the overall market framework [4][5] Group 4: Capacity Pricing Policy - The capacity pricing policy for coal-fired power plants has been implemented since 2024, providing stable revenue sources and encouraging investment in efficient coal power generation [6][7] - The average fixed cost recovery for coal power plants is estimated at 92 yuan per kW per year, with a total capacity electricity fee of 95 billion yuan expected in 2024 [6] - Recommendations for optimizing the capacity pricing policy include adjusting cost recovery ratios and clarifying fee-sharing mechanisms for cross-regional electricity transmission [6][7]