The National Energy Administration released data on electricity consumption in the whole society in March on the 14th. In March, the total electricity consumption of the whole society was 416 billion kWh, an increase of 7% year-on-year and an increase of 8% quarter-on-quarter. The reporter noted that the data for March this year has increased by more than 6 percentage points compared with the same period of last year. According to the interviewed experts, this year is in line with previous expectations due to the special “economic recovery” cycle in the world this year. “At the same time, the year-on-year growth rate of electricity consumption is lower than the GDP growth rate in the same period, which proves that the macroeconomic slowdown has not stopped yet, and it has given room for further relaxation of future policies.” From January to March, the total electricity consumption of the whole society totaled 1,165.5 billion kWh. , a year-on-year increase of 6.8%, the growth rate dropped by 5.9 percentage points over the same period of the previous year. According to the classification, the primary industry's electricity consumption was 19 billion kWh, down 3.0%; the secondary industry was 838.5 billion kWh, up 4.5%; the tertiary industry was 139.8 billion kWh, up 13.0%; the urban and rural residents' electricity consumption was 168.3 billion kW. At the time, it increased by 15.5%. This set of data reflects that in the first quarter of this year, the electricity consumption of industrial use accounted for the decline in the electricity consumption of the whole society, and the electricity consumption of residents was rapidly rising. In the case of a single month in March, the situation is similar: the electricity consumption of the primary industry has been negative year-on-year, and the secondary industry has only a year-on-year growth rate of 4.1%, a slight increase of 13%. Among them, industrial electricity consumption increased by only 3.8% year-on-year, and in the same period last year, industrial electricity consumption ranked first among all industries with a growth rate of nearly 14%. In addition, in March, the electricity consumption of the tertiary industry increased by 19% year-on-year, and the growth rate of urban and rural residents' electricity consumption rose to 16.5%. In the average utilization hours of power generation equipment, from January to March, the cumulative average utilization hours of power generation equipment in the country was 1116 hours, a year-on-year decrease of 18 hours. Among them, the hydropower equipment was reduced by 65 hours in 516 hours, and the thermal power equipment was increased by 4 hours in 1295 hours. In terms of new capacity of power supply, from January to March, the country's new power production capacity (formally put into production) was 9.24 million kilowatts, including 1.27 million kilowatts of hydropower and 6.49 million kilowatts of thermal power. Energy economics researcher Lin Boqiang (microblogging) told this reporter: "More than the slowdown in the growth of electricity consumption, it is more concerned that the investment in thermal power is reduced. Now the investment in thermal power in various regions is not prosperous, which will cause hidden concerns about structural power shortage in the future. The new energy output that can be connected to the grid is less than 10%, and thermal power is still the mainstay of power supply for a considerable period of time."

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