Which life cycle does the electric power industry belong to? Start-up? Growth? Maturity? Decline?

In today's world where the economy is globalized and developing so rapidly, the life cycle of the industry should not be a regular growth-maturity-decline-growth. When development opportunities come, the turning point of the industry will appear. Therefore, the following can only analyze the power industry based on the current situation.

First of all, you should know that the power industry has basically reached a balance between supply and demand in the past few years, which means it has entered a mature period and its industry status is growing steadily.

For details, you can refer to the following article: /news/txt/2007-01/30/content_7736881.htm

The following will provide you with some statistical data, the power industry from 2006 to 2010 Development:

By the end of 2006, the country's installed power generation capacity reached 622 million kilowatts, a year-on-year increase of 20.3. From the perspective of power production, the national power generation reached 2,834.4 billion kilowatt hours in 2006, a year-on-year increase of 13.5%. Among them, hydropower generated 416.7 billion kilowatt-hours, accounting for approximately 1.47% of the total power generation, a year-on-year increase of 5.1; thermal power generated 2357.3 billion kilowatt-hours, accounting for approximately 83.17% of the total power generation, a year-on-year increase of 15.3; nuclear power generated 54.3 billion kilowatt-hours, Accounting for approximately 1.92% of the total power generation, a year-on-year increase of 2.4%. In 2006, the electricity consumption of the whole society reached 2,824.8 billion kilowatt-hours, a year-on-year increase of 14.0%, an increase of 0.4 percentage points compared with 2005.

As of the end of 2007, the capacity of power generation equipment reached 713 million kilowatts, a year-on-year increase of 14.4%. In just one year, the country's installed electricity capacity has jumped from 600 million kilowatts to 700 million kilowatts. By the end of 2007, the length of transmission line circuits of 220 kV and above reached 333,800 kilometers across the country, an increase of 17.45%; the transformation capacity of 220 kV and above reached 1.160 billion kVA, an increase of 19.59%. The scale of power construction continues to reach historically high levels. The capacity of newly added (officially put into operation) power generation equipment under capital construction throughout the year was basically the same as in 2006, at 100.09 million kilowatts. The length of new transmission lines and transformer capacity of the power grid have reached historical highs. An additional 41,334 kilometers of grid transmission lines of 220 kV and above were added, an increase of 6,490 kilometers over 2006; the transformation capacity was 188.3 million kVA, an increase of 34.82 million kVA over 2006. As of the end of 2007, although the growth rate of power generation equipment capacity nationwide remained at a high level, the growth rate was 6.2 percentage points lower than in 2006. This was the first time since 2002 that the growth rate of power generation equipment capacity had declined.

The shortage of power in some areas and at certain times of the country’s electricity supply and demand will still exist. The connection between coal and electricity, electricity price reform, and the coordination of power sources and power grids are still issues that need to be further solved for industry development. As the development of the industry is approaching an inflection point, power supply construction should choose projects that are within the scope of national policy support, and the investment value in the power grid field is gradually emerging.

During the "Eleventh Five-Year Plan" period, China will usher in a new upsurge in power grid construction. By 2010, in terms of cross-regional power grid construction, the State Grid will build 4,200 kilometers of AC UHV transmission lines, 39 million kVA of transformer capacity, and 70 million kilowatts of inter-regional power transmission capacity; in the construction of urban and rural power grids In terms of power, the AC and DC transmission lines of 220 kV and above will exceed 340,000 kilometers, and the AC transformation capacity will exceed 1.3 billion kVA.