Energy Production in June 2024

In June, the production of coal, crude petroleum oil, natural gas, and electricity by industrial enterprises above the designated size showed steady growth.

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

The production of coal changed from decreasing to increasing. In June, 410 million tons of coal were produced by industrial enterprises above the designated size, up by 3.6 percent year on year, which marks a turnaround in growth rate from the 0.8-percent decline in May; the daily output of coal averaged 13.513 million tons. The import of coal stood at 44.60 million tons, up by 11.9 percent year on year.

From January to June, 2.27 billion tons of coal were produced by industrial enterprises above the designated size, down by 1.7 percent year on year. The import of coal stood at 250 million tons, up by 12.5 percent year on year.

The growth rate of crude petroleum oil production accelerated. In June, 17.95 million tons of crude petroleum oil were produced by industrial enterprises above the designated size, up by 2.4 percent year on year, a growth rate of 1.8 percentage points faster than that of May, with an average daily output of 598,000 tons. The import of crude petroleum oil stood at 46.45 million tons, down by 10.7 percent year on year.

From January to June, 107.05 million tons of crude petroleum oil were produced by industrial enterprises above the designated size, up by 1.9 percent year on year. The import of crude petroleum oil stood at 275.48 million tons, down by 2.3 percent year on year.

Crude petroleum oil processing fell. In June, 58.32 million tons of crude petroleum oil were processed by industrial enterprises above the designated size, down by 3.7 percent year on year, with the decline expanding by 1.9 percentage points compared to May; the daily processing capacity averaged 1.944 million tons. From January to June, 360.09 million tons of crude petroleum oil were processed by industrial enterprises above the designated size, down by 0.4 percent year on year.

Natural gas production accelerated. In June, 20.2 billion cubic meters of natural gas were produced by industrial enterprises above the designated size, up by 9.6 percent year on year, a growth rate of 3.3 percentage points faster than that in May, with an average daily output of 670 million cubic meters. The import of natural gas stood at 10.43 million tons, up by 0.9 percent year on year.

From January to June, 123.6 billion tons of natural gas were produced by industrial enterprises above the designated size, up by 6.0 percent year on year. The import of natural gas stood at 64.65 million tons, up by 14.3 percent year on year.

II. Electricity Generation

The power generation of industrial enterprises above the designated size remained stable. In June, 768.5 billion kilowatt-hours of electricity were generated by industrial enterprises above the designated size, up by 2.3 percent year on year, maintaining the same growth rate as in May, with an average daily electricity generation capacity of 25.62 billion kilowatt-hours. From January to June, 4.4354 trillion kilowatt-hours of electricity were generated by industrial enterprises above the designated size, up by 5.2 percent year on year.

From the perspective of energy sources, in June, the decline in thermal power and nuclear-power generated by industrial enterprises above the designated size expanded; the growth rate of hydropower generation accelerated; wind power generation changed from a decrease to an increase; and the growth rate of solar power generation slowed down. Among them, the thermal power generated by industrial enterprises above the designated size decreased by 7.4 percent year on year, with the decline expanding by 3.1 percentage points compared to May; the hydropower generated by industrial enterprises above the designated size increased by 44.5 percent, a growth rate of 5.9 percentage points faster than that in May; the nuclear-power generated by industrial enterprises above the designated size decreased by 4.0 percent, with the decline expanding by 1.6 percentage points compared to May; the wind power generated by industrial enterprises above the designated size increased by 12.7 percent, compared with a decrease of 3.3 percent in May; the solar power generated by industrial enterprises above the designated size increased by 18.1 percent, a growth rate of 11.0 percentage points slower than that in May.

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 the industrial enterprises above the designated size, and the statistical scope is industrial enterprises with an annual main business revenue of 20 million yuan and above.

Because the scope of industrial enterprises above the designated size changes every year, to ensure that this year's data is comparable with the previous year's, the cumulative figures for the same period last year used to calculate year-on-year growth rates for product output and other indicators are consistent with the statistical scope of enterprises in the current period. And there may be a discrepancy in statistical standard and coverage between the data released this year and last year.

3. Data Source

Import data came from the General Administration of Customs of the People's Republic of China, of which June 2024 data is express data.

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