The "Analysis and Forecast Report on the National Electricity Supply and Demand Situation for 2020-2021" released by the China Electricity Council recently shows that in 2020, the overall national power supply and demand will be balanced, with surplus in some areas, and the power supply in some areas during peak hours is tight, and epidemic prevention and control During the period, the power supply is sufficient and reliable, providing strong power guarantee for the prevention and control of social epidemics and the development of the national economy. The report predicts that in 2021, the overall balance of power supply and demand across the country, the growth rate of electricity consumption in the whole society is expected to be high and then low in 2021, with an annual growth rate of 6% to 7%.

　　The overall balance of power supply and demand across the country

　　 In 2020, the electricity consumption of the whole society will be 7.51 trillion kWh, a year-on-year increase of 3.1%. During the "13th Five-Year Plan" period, the electricity consumption of the whole society will grow at an average annual rate of 5.7%. In 2020, the growth rate of electricity consumption in the whole society in each quarter will be -6.5%, 3.9%, 5.8%, and 8.1% respectively. The steady recovery of economic operation is the main reason for the rebound in electricity consumption growth. CEC stated that the quarterly growth trend of electricity consumption throughout the society reflects that as the epidemic is effectively controlled and the country's countercyclical control policies are gradually implemented, the resumption of work and production, the resumption of business and the market have continued to achieve significant results, and the national economy has continued to stabilize recover.

　　The report shows that the electricity consumption of the primary industry has increased by 10.2% year-on-year, and the growth rate has exceeded 10% for three consecutive quarters. In 2020, the power consumption of the primary industry will be 85.9 billion kWh, a year-on-year increase of 10.2%, and the quarterly growth rates will be 4.0%, 11.9%, 11.6%, and 12.0%, respectively.

　　 The power consumption of the secondary industry increased by 2.5% year-on-year, and the growth rate of power consumption in the high-tech and equipment manufacturing industry exceeded 10% for two consecutive quarters. In 2020, the electricity consumption of the secondary industry is 5.12 trillion kWh, a year-on-year increase of 2.5%, and the quarterly growth rates are -8.8%, 3.3%, 5.8%, and 7.6%, respectively. The resumption of work and production continues to promote the continuous growth of each quarter Pick up. In 2020, the electricity consumption of the manufacturing industry will increase by 2.9%. Among them, the growth rates of electricity consumption in the high-tech and equipment manufacturing industry, the four high-load energy industries, other manufacturing industries, and the consumer goods manufacturing industry will be 4.0%, 3.6%, and 3.3, respectively. %, -1.8%. In the third and fourth quarters, the growth rates of electricity consumption in the high-tech and equipment manufacturing industries were 10.8% and 11.9%, respectively, which is a highlight of the current high-quality industrial development.

       In 2020, the electricity consumption of the tertiary industry is 1.21 trillion kwh, a year-on-year increase of 1.9%, and the quarterly growth rates are -8.3%, 0.5%, 5.9%, and 8.4% respectively. The growth rate of electricity consumption in the tertiary industry is increasing quarter by quarter. In 2020, electricity consumption in the information transmission/software and information technology services industry will increase by 23.9% year-on-year, thanks to the rapid promotion and application of new technologies such as big data, cloud computing, and the Internet of Things, and the promotion of online office, life service platforms, culture and entertainment, The rapid growth of online industries such as online education.

　　 In addition, the electricity consumption of urban and rural residents increased by 6.9% year-on-year, and electricity consumption increased rapidly in the fourth quarter. The western region leads the growth of electricity consumption, with 27 provinces in the country showing positive growth in electricity consumption.

　　The rapid growth of power investment

　　 The report shows that as of the end of 2020, the country’s full-caliber power generation installed capacity was 2.20 billion kilowatts, a year-on-year increase of 9.5%. During the "Thirteenth Five-Year Plan" period, the country's full-caliber power generation installed capacity increased by an average annual rate of 7.6%, of which non-fossil energy installed capacity increased by 13.1% annually. The proportion of total installed capacity increased from 34.8% at the end of 2015 to 44.8% at the end of 2020. 10 percentage points; the average annual growth rate of coal-fired power installed capacity was 3.7%, and the proportion of total installed capacity dropped from 59.0% at the end of 2015 to 49.1% at the end of 2020. In 2020, the country’s full-caliber power generation will be 7.62 trillion kilowatt-hours, a year-on-year increase of 4.0%. During the "Thirteenth Five-Year Plan" period, the country’s full-caliber power generation increased by an average annual rate of 5.8%, of which non-fossil energy power generation increased by 10.6% annually. The proportion of total power generation increased from 27.2% in 2015 to 33.9% in 2020. 6.7 percentage points; the average annual growth rate of coal-fired power generation was 3.5%, and its share of total power generation decreased from 67.9% in 2015 to 60.8% in 2020, a decrease of 7.1 percentage points.

　　 The report shows that power investment increased by 9.6% year-on-year, and non-fossil energy investment increased rapidly. In 2020, the major power companies included in the industry investment statistics system will complete a total investment of 994.4 billion yuan, a year-on-year increase of 9.6%. The investment in the construction of power supply projects was 524.4 billion yuan, a year-on-year increase of 29.2%, of which wind power, solar power, and hydropower investment increased by 70.6%, 66.4%, and 19.0% respectively; the investment in power grid construction was 469.9 billion yuan, a year-on-year decrease of 6.2%, mainly due to the power grid Enterprises completed the country's new round of rural power grid transformation and upgrade tasks one year ahead of schedule. The investment in power grids of 35 kV and below, which accounted for 44.3% of power grid investment, dropped by 20.2% year-on-year.

　　The proportion of non-fossil energy installed capacity increases

　　The proportion of coal-fired power installed capacity in total installed capacity fell below 50% for the first time, and the scale of new grid-connected wind power installed capacity hit a record high. In 2020, the nation’s new installed capacity of power generation will reach 190.87 million kilowatts, a year-on-year increase of 85.87 million kilowatts. The newly added grid-connected wind power and solar power installed capacity will be 71.67 million kilowatts and 48.2 million kilowatts, respectively. . By the end of 2020, the country’s full-caliber hydropower installed capacity was 370 million kilowatts, thermal power 1.25 billion kilowatts, nuclear power 49.89 million kilowatts, grid-connected wind power 280 million kilowatts, and grid-connected solar power installed capacity of 250 million kilowatts. The total installed capacity of full-caliber non-fossil energy power generation nationwide is 980 million kilowatts, accounting for 44.8% of the total installed capacity of full-caliber power generation, an increase of 2.8 percentage points from the end of the previous year. The full-caliber coal-fired power installed capacity was 1.08 billion kilowatts, accounting for 49.1% of the total installed capacity, which fell below 50% for the first time.

　　 Grid-connected wind power and solar power generation are growing rapidly. In 2020, the national full-caliber power generation will increase by 4.0% year-on-year. Among them, hydroelectric power generation was 1.36 trillion kwh, a year-on-year increase of 4.1%; thermal power generation was 5.17 trillion kwh, a year-on-year increase of 2.5%; nuclear power generation was 366.2 billion kwh, a year-on-year increase of 5.0%. Grid-connected wind power and grid-connected solar power generated 4665 and 261.1 billion kWh, respectively, up 15.1% and 16.6% year-on-year. National full-caliber non-fossil energy power generation was 2.58 trillion kilowatt-hours, an increase of 7.9% year-on-year, accounting for 33.9% of the country's full-caliber power generation, an increase of 1.2 percentage points year-on-year. The country’s full-caliber coal power generation capacity was 4.63 trillion kilowatt-hours, a year-on-year increase of 1.7%, accounting for 60.8% of the country’s full-caliber power generation, a year-on-year decrease of 1.4 percentage points.

　　Utilization hours of hydropower and nuclear power equipment increased year-on-year. Cross-regional power transmission increased by 13.4% year-on-year. Market transaction power increased by 11.7% year-on-year, and the proportion of transaction power in total social power consumption increased year-on-year. In the fourth quarter, the supply of thermal coal was tight, and the market price of thermal coal continued to rise.

　　 The overall balance trend remains unchanged

　　 The China Electricity Council stated that 2021 will be the first year of my country's implementation of the "14th Five-Year Plan" and the beginning of the new journey of building a modern socialist country in an all-round way.

　　The report predicts that in 2021, the newly installed power generation capacity of national infrastructure will be about 180 million kilowatts, of which the installed capacity of non-fossil energy power generation will be about 140 million kilowatts. It is estimated that by the end of 2021, the installed capacity of power generation nationwide will be 2.37 billion kilowatts, a year-on-year increase of about 7.7%. The installed capacity of non-fossil energy power generation reached about 1.12 billion kilowatts, accounting for 47.3% of the total installed capacity, an increase of about 2.5 percentage points from the end of 2020. The proportion of wind power and solar power installed capacity will increase by about 3% compared with the end of 2020, and the demand for the flexibility of the power system will further increase.

　　The report predicts that in 2021, the overall national power supply and demand will be balanced, and the power supply in some areas will be tight or even tight during peak hours.

       China Electricity Union stated that, as the country is accelerating the construction of a new development pattern with domestic and international double cycles as the mainstay and mutual promotion of domestic and international double cycles, "China's carbon dioxide emissions will strive to reach the peak by 2030, and strive to achieve carbon emissions by 2060. Under the target requirements of "Zhonghe", on the one hand, the power industry must ensure the safe and reliable supply of electricity to meet the national economic development goals and the people’s daily electricity demand; on the other hand, the power industry needs to accelerate the transformation of a clean and low-carbon supply structure to achieve Carbon reduction goals.