Energy Production in December 2024

In December, 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 accelerated. In December, 440 million tons of coal were produced by industrial enterprises above the designated size, up by 4.2 percent year on year, a growth rate of 2.4 percentage points faster than that in November, with an average daily output of 14.156 million tons. The import of coal stood at 52.35 million tons, up by 10.9 percent year on year.

In 2024, 4.76 billion tons of coal were produced by industrial enterprises above the designated size, up by 1.3 percent year on year. The import of coal stood at 540 million tons, up by 14.4 percent year on year.

The growth rate of crude petroleum oil production accelerated. In December, 17.90 million tons of crude petroleum oil were produced by industrial enterprises above the designated size, up by 1.4 percent year on year, a growth rate of 1.2 percentage points faster than that in November, with an average daily output of 577,000 tons. The import of crude petroleum oil stood at 47.84 million tons, down by 1.1 percent year on year.

In 2024, 212.82 million tons of crude petroleum oil were produced by industrial enterprises above the designated size, up by 1.8 percent year on year. The import of crude petroleum oil stood at 553.42 million tons, down by 1.9 percent year on year.

Crude petroleum oil production remained steady. In December, 59.35 million tons of crude petroleum oil were processed by industrial enterprises above the designated size, up by 0.6 percent year on year, a growth rate of 0.4 percentage point faster than that in November; the daily processing capacity averaged 1.915 million tons. In 2024, 708.43 million tons of crude petroleum oil were processed by industrial enterprises above the designated size, down by 1.6 percent year on year.

Natural gas production saw steady growth. In December, 21.8 billion cubic meters of natural gas were produced by industrial enterprises above the designated size, up by 3.6 percent year on year, a growth rate of 0.5 percentage point faster than that in November, with an average daily output of 700 million cubic meters. The import of natural gas stood at 11.56 million tons, down by 7.9 percent year on year.

In 2024, 246.4 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 was 131.69 million tons, up by 9.9 percent year on year.

II. Electricity Generation

The power generation of industrial enterprises above the designated size experienced steady growth. In December, 846.2 billion kilowatt-hours of electricity were generated by industrial enterprises above the designated size, up by 0.6 percent year on year, with an average daily electricity generation capacity of 27.30 billion kilowatt-hours. In 2024, 9.4181 trillion kilowatt-hours of electricity were generated by industrial enterprises above the designated size, up by 4.6 percent year on year.

From the perspective of energy sources, December saw an acceleration in the growth rates of nuclear-power and solar power generated by industrial enterprises above the designated size, while the thermal power generation shifted from growth to decline, and both the hydropower and wind power generation rebounded from their previous downturns. Among them, the thermal power generated by industrial enterprises above the designated size decreased by 2.6 percent year on year, compared with an increase of 1.4 percent in November; the hydropower generated by industrial enterprises above the designated size increased by 5.5 percent, compared with a decrease of 1.9 percent in November; the nuclear-power generated by industrial enterprises above the designated size increased by 11.4 percent, with a growth rate of 8.3 percentage points faster than that in November; the wind power generated by industrial enterprises above the designated size increased by 6.6 percent, compared with a decrease of 3.3 percent in November; and the solar power generated by industrial enterprises above the designated size increased by 28.5 percent, with a growth rate of 18.2 percentage points faster than that in November.

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. In addition,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 December 2024 data is express data.

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