Energy Production in October 2023

In October, the production of main energy of industries above the designated size kept a year-on-year growth. Compared with September, the growth rate of raw coal and crude oil production accelerated, and that of natural gas production and power generation slightly slowed down.

I. Raw Coal, Crude Oil and Natural Gas Production and Relevant Information

The growth rate of raw coal production accelerated, and that of the import maintained rapid growth. In October, 390 million tons of raw coal were produced, up by 3.8 percent year on year, a growth rate of 3.4 percentage points faster than that of the previous month, with an average daily output of 12.54 million tons. The import of coal was 35.99 million tons, up by 23.3 percent year on year, a growth rate of 4.5 percentage points slower than that of the previous month.

From January to October, 3.83 billion tons of raw coal were produced, up by 3.1 percent year on year. The import of coal was 380 million tons, up by 66.8 percent year on year.

The growth rate of crude oil production increased slightly, and that of the import kept a rapid growth. In October, 17.33 million tons of crude oil were produced, up by 0.5 percent year on year, a growth rate of 0.2 percentage point faster than that of the previous month, with an average daily output of 559,000 tons. The import of crude oil was 48.97 million tons, up by 13.5 percent year on year, a growth rate of 0.2 percentage point slower than that of the previous month.

From January to October, 174.05 million tons of crude oil were produced, up by 1.7 percent year on year. The import of crude oil was 473.22 million tons, up by 14.4 percent year on year.

The crude oil processing maintained rapid growth. In October, 63.93 million tons of crude oil were processed, up by 9.1 percent year on year, a growth rate of 2.9 percentage points slower than that of the previous month, with an average daily processing capacity of 2.062 million tons. From January to October, 618.76 million tons of crude oil were processed, up by 11.2 percent year on year.

The growth rate of natural gas production maintained steady, and that of the import accelerated. In October, 19.0 billion cubic meters of natural gas were produced, up by 2.6 percent year on year, a growth rate of 6.7 percentage points slower than that of the previous month, with an average daily output of 610 million cubic meters. The import of natural gas was 8.79 million tons, up by 15.5 percent year on year, a growth rate of 15.1 percentage points faster than that of the previous month.

From January to October, 189.6 billion cubic meters of natural gas were produced, up by 6.1 percent year on year. The import of natural gas was 96.51 million tons, up by 8.8 percent year on year.

II. Power Generation

The power generation maintained steady growth. In October, the power generation was 704.4 billion kWh, up by 5.2 percent year on year, a growth rate of 2.5 percentage points slower than that of the previous month, with an average daily power generation of 22.72 billion kWh. From January to October, the power generation was 7.3330 trillion kWh, up by 4.4 percent year on year.

From the perspective of energy sources, in October, the growth rate of thermal power and solar power generation accelerated, that of hydropower generation slowed down, that of nuclear power generation changed from increasing to decreasing and the decline of wind power generation expanded. Among them, the growth rate of thermal power generation increased by 4.0 percent, 1.7 percentage points faster than that of the previous month; that of hydropower generation increased by 21.8 percent, 17.4 percentage points slower than the previous month; that of nuclear power generation decreased by 0.2 percent, and that of nuclear power generation in September stood at 6.7 percent; that of wind power generation decreased by 13.1 percent, the decline of it was 11.5 percentage points higher than that of the previous month; that of solar power generation increased by 15.3 percent, 8.5 percentage points faster than that of the previous month.

Annotations:

1. Explanatory Notes

Average daily product output: It is calculated by dividing the total output of Industrial Enterprises above the designated size announced in that month by the calendar days of that month.

2. Statistical Coverage

The statistical caliber of the output data in the report is above the designated size of industry, and the statistical scope is industrial enterprises with annual main business income of more than 20 million yuan.

Because the scope of industrial enterprises above the designated size changes every year, in order to ensure that this year's data is comparable with the previous year's, the same period used to calculate the growth rate of various indicators such as product output is consistent with the statistical scope of enterprises in this period, and there is a caliber difference between the data released this year and last year.

3. Data Source

Import data comes from the General Administration of Customs of the People's Republic of China, of which October data are express data.

4. Conversion relationship of natural gas units: 1 ton is equal to 1,380 cubic meters.