Energy Production in July 2024

In July, 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 grew steadily. In July, 390 million tons of coal were produced by industrial enterprises above the designated size, up by 2.8 percent year on year, a growth rate of 0.8 percentage point slower than that in June, with an average daily output of 12.592 million tons. The import of coal stood at 46.21 million tons, up by 17.7 percent year on year.

From January to July, 2.66 billion tons of coal were produced by industrial enterprises above the designated size, down by 0.8 percent year on year. The import of coal stood at 300 million tons, up by 13.3 percent year on year.

The growth rate of crude petroleum oil production accelerated. In July, 17.90 million tons of crude petroleum oil were produced by industrial enterprises above the designated size, up by 3.4 percent year on year, a growth rate of 1.0 percentage point faster than that in June, with an average daily output of 577,000 tons. The import of crude petroleum oil stood at 42.34 million tons, down by 3.1 percent year on year.

From January to July, 124.96 million tons of crude petroleum oil were produced by industrial enterprises above the designated size, up by 2.1 percent year on year. The import of crude petroleum oil stood at 317.81 million tons, down by 2.4 percent year on year.

Crude petroleum oil processing declined. In July, 59.06 million tons of crude petroleum oil were processed by industrial enterprises above the designated size, down by 6.1 percent year on year, with the decline expanding by 2.4 percentage points compared to June; the daily processing capacity averaged 1.905 million tons. From January to July, 419.15 million tons of crude petroleum oil were processed by industrial enterprises above the designated size, down by 1.2 percent year on year.

Natural gas production saw steady growth. In July, 20.0 billion cubic meters of natural gas were produced by industrial enterprises above the designated size, up by 7.9 percent year on year, a growth rate of 1.7 percentage points slower than that in June, with an average daily output of 650 million cubic meters. The import of natural gas stood at 10.86 million tons, up by 5.6 percent year on year.

From January to July, 143.6 billion cubic meters of natural gas were produced by industrial enterprises above the designated size, up by 6.2 percent year on year. The import of natural gas stood at 75.44 million tons, up by 12.9 percent year on year.

II. Electricity Generation

The power generation of industrial enterprises above the designated size picked up at a moderate pace. In July, 883.1 billion kilowatt-hours of electricity were generated by industrial enterprises above the designated size, up by 2.5 percent year on year, a growth rate of 0.2 percentage point faster than that in June, with an average daily electricity generation capacity of 28.49 billion kilowatt-hours. From January to July, 5.3239 trillion kilowatt-hours of electricity were generated by industrial enterprises above the designated size, up by 4.8 percent year on year.

From the perspective of energy sources, in July, the decline in thermal power generated by industrial enterprises above the designated size narrowed; the growth rate of hydropower, wind power and solar power generation dropped off; and the nuclear-power generation changed from a decrease to an increase. Among them, the thermal power generated by industrial enterprises above the designated size decreased by 4.9 percent year on year, with a narrowed decline of 2.5 percentage points compared to June; the hydropower increased by 36.2 percent, with a growth rate of 8.3 percentage points slower than that in June; the nuclear-power increased by 4.3 percent, compared with a decrease of 4.0 percent in June; the wind power increased by 0.9 percent, with a growth rate of 11.8 percentage points slower than that in June; and the solar power increased by 16.4 percent, with a growth rate of 1.7 percentage points slower than that in June.

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 July 2024 data is express data.

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