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Everbright Securities released a research report saying that the year-on-year decline in thermal power generation narrowed to 1.4% in September. Hydropower was affected by excessive depletion of incoming water, and the growth rate of nuclear power, wind power, and solar power accelerated to 21.5%, 10.6%, and 19.5%. The electricity consumption of the entire society during the same period was 899.7 billion kilowatt-hours, an increase of 1.2% over the previous year; the electricity consumption of residents fell 6.0% due to typhoon “Shader”, and electricity consumption for tertiary production, charging and Internet data increased. Currently, the three-quarter report is being published intensively. Judging from the three-quarter reports and third-quarter operating data already disclosed by some electricity users, the thermal power sector's performance is under pressure, and hydropower expectations are relatively good.

Zhitongcaijing·10/26/2026 23:41:10
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Everbright Securities released a research report saying that the year-on-year decline in thermal power generation narrowed to 1.4% in September. Hydropower was affected by excessive depletion of incoming water, and the growth rate of nuclear power, wind power, and solar power accelerated to 21.5%, 10.6%, and 19.5%. The electricity consumption of the entire society during the same period was 899.7 billion kilowatt-hours, an increase of 1.2% over the previous year; the electricity consumption of residents fell 6.0% due to typhoon “Shader”, and electricity consumption for tertiary production, charging and Internet data increased. Currently, the three-quarter report is being published intensively. Judging from the three-quarter reports and third-quarter operating data already disclosed by some electricity users, the thermal power sector's performance is under pressure, and hydropower expectations are relatively good.