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Slowdown signs - Chinese power consumption down 12pct MoM
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Wednesday, 27 Oct 2010
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Xinhua quoted the National Energy Administration said China power consumption in September fell 12%MoM to 349.8 billion kilowatt hours.

The NEA did not provide the YoY growth rate for the month. But according to government figures, China power consumption was 322.4 billion kWh in September 2009, meaning on a YoY basis, electricity consumption grew 8.5% last month.

That YoY growth rate figure is lower than the 14.69%YoY growth rate recorded in August.

Mr Wang Siqiang a NEA official said the slower growth was due to government efforts to save energy and reduce emissions.

(Sourced from Xinhua)

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