Energy Production in August 2024

In August, 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

Coal production grew steadily. In August, 400 million tons of coal were produced by industrial enterprises above the designated size, up by 2.8 percent year on year, maintaining the same growth rate as in July, with an average daily output of 12.792 million tons. The import of coal stood at 45.84 million tons, up by 3.4 percent year on year.

From January to August, 3.05 billion tons of coal were produced by industrial enterprises above the designated size, down by 0.3 percent year on year. The import of coal stood at 340 million tons, up by 11.8 percent year on year.

Crude petroleum oil production maintained steady growth. In August, 17.83 million tons of crude petroleum oil were produced by industrial enterprises above the designated size, up by 2.1 percent year on year, with an average daily output of 575,000 tons. The import of crude petroleum oil stood at 49.10 million tons, down by 7.0 percent year on year.

From January to August, 142.79 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 366.91 million tons, down by 3.1 percent year on year.

Crude petroleum oil processing declined. In August, 59.07 million tons of crude petroleum oil were processed by industrial enterprises above the designated size, down by 6.2 percent year on year; the daily processing capacity averaged 1.905 million tons. From January to August, 472.53 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 accelerated. In August, 20.0 billion cubic meters of natural gas were produced by industrial enterprises above the designated size, up by 9.4 percent year on year, a growth rate of 1.5 percentage points faster than that in July, with an average daily output of 650 million cubic meters. The import of natural gas stood at 11.76 million tons, up by 9.1 percent year on year.

From January to August, 163.7 billion cubic meters of natural gas were produced by industrial enterprises above the designated size, up by 6.6 percent year on year. The import of natural gas stood at 87.13 million tons, up by 12.3 percent year on year.

II. Electricity Generation

The power generation of industrial enterprises above the designated size accelerated. In August, 907.4 billion kilowatt-hours of electricity were generated by industrial enterprises above the designated size, up by 5.8 percent year on year, a growth rate of 3.3 percentage points faster than that in July, with an average daily electricity generation capacity of 29.27 billion kilowatt-hours. From January to August, 6.2379 trillion kilowatt-hours of electricity were generated by industrial enterprises above the designated size, up by 5.1 percent year on year.

From the perspective of energy sources, in August, thermal power  generated by industrial enterprises above the designated size changed from a decrease to an increase; the growth rate of hydropower generation declined; and the growth rate of nuclear-power, wind power and solar power generation picked up. Among them, the thermal power generated by industrial enterprises above the designated size increased by 3.7 percent year on year, compared with a decrease of 4.9 percent in July; the hydropower generated by industrial enterprises above the designated size increased by 10.7 percent, with a growth rate of 25.5 percentage points slower than that in July; the nuclear-power generated by industrial enterprises above the designated size increased by 4.9 percent, a growth rate of 0.6 percentage point faster than that in July; the wind power generated by industrial enterprises above the designated size increased by 6.6 percent, a growth rate of 5.7 percentage points faster than that in July; the solar power generated by industrial enterprises above the designated size increased by 21.7 percent, a growth rate of 5.3 percentage points faster than that in July.

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 August 2024 data is express data.

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