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China Leads World in Power Generation

DATE: 2012-03-13 | SOURCE: HOPE | Click:

With rapid development in the power industry, China has taken a lead in power generation by producing a total of 4800 TW of electricity and had the world's second largest installed capacity, which currently stands at 1.06 TW, said Wu Xinxiong, NPC deputy and chairman of the State Electricity Regulatory Commission (SERC), on March 6, 2012.

For the next stage, the SERC will enhance monitoring over the power industry, supervise the country's power development strategy, improve the market mechanism for the national power industry for open, fair, regulated and orderly competition, and better serve the scientific development of local economy and the society, said Wu while attending the Jiangxi provincial government work report.

He also introduced that the SERC will scientifically schedule the power grid to alleviate the tension between economic development and power supply & demand, supervise power companies to speed up the construction of power projects to increase installed capacity for the economic and social development, strive to push forward the power reform, accomplish high-level projects and develop direct power purchase service for important clients with huge potential, and carry out a special supervision activity to enhance residential electricity quality and provide safe, reliable and satisfactory services to the populace.

Source: Xinhua News Agency

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