Question

In: Economics

whats the market size of electricity market in china. also if there are some graphics for...


whats the market size of electricity market in china. also if there are some graphics for its market share thank you

Solutions

Expert Solution

As per the 2018 estimates, China has an electricity generation capacity of 6,994 Terawatt-hour. Over the period of 2018-20, China built up the electricity generation capacity at the compound annual growth rate of 7%

The electricity consumption in the grid is expected to grow at a CAGR of 7.5 percent for the next 2 years, reaching 7912 TWh

The secondary industry has the highest share of 69% percent in the consumption share in 2018, followed by the tertiary industry sector with a 15.77% share. The tertiary industry sector is expected to have the highest consumption growth rate of 11 percent, followed by the residential sector. In 2019, the tertiary industrial share is expected to be at 85.9 percent and the residential sector at 13.9 percent.

In the first 10 months of 2018, electricity consumption has reached 5660 TWh which is an 8.7% YoY growth compared to 2017


Related Solutions

What is the market profile (size, players, market share), policy history and effects of electricity market...
What is the market profile (size, players, market share), policy history and effects of electricity market in MOROCCO ?
Able Graphics received a $400 utility bill for the current month's electricity. It is not due...
Able Graphics received a $400 utility bill for the current month's electricity. It is not due until the end of the next month which is when they intend to pay it. Which of the following general journal entries will Able Graphics make to record this transaction? Multiple Choice Utilities Expense 400 Cash 400 Cash 400 Utilities Expense 400 Utilities Expense 400 Accounts Payable 400 Accounts Payable 400 Utilities Expense 400 No journal entry is required
You are the proprietor of a fledgling computer graphics company in Shanghai, China. The sophisticated business...
You are the proprietor of a fledgling computer graphics company in Shanghai, China. The sophisticated business application software you need for your business normally sells for 2,900 renminbi (around $350) at computer stores in Shanghai and online. But with an income of just a little more than $5,000 a year, you cannot afford to buy the original graphics software for your business. An associate has told you she can get you all the software you need, and more, for only...
China is a major producer of grains such as wheat, corn, and rice. Assume that it is also an exporting country in the market for grain. Suppose the following graph depicts the market for grain in China.
China is a major producer of grains such as wheat, corn, and rice. Assume that it is also an exporting country in the market for grain. Suppose the following graph depicts the market for grain in China. On the graph below, show the impact opening up to international trade has on the domestic price for grain by shifting the price line up or down to reflect the world price of grain. Note: Select and drag the curve to the desired position. The curve...
Consider the market for electricity. In 2015, 33% of electricity in the US was produced by...
Consider the market for electricity. In 2015, 33% of electricity in the US was produced by burning coal. Burning coal to create electricity pollutes the air and can cause health problems for humans and animals. Draw the market supply and demand for electricity and determine the level of output produced by a competitive market, labeling it Q1. Next, show the externality in the market for electricity and determine the socially optimal amount of electricity, labeling it Q*. Shade the area...
whats some consequences of sexual identity on society?
whats some consequences of sexual identity on society?
Differentiate between the role of the Electricity Market Oversight Panel (EMOP) and that of the Electricity...
Differentiate between the role of the Electricity Market Oversight Panel (EMOP) and that of the Electricity Transmission Utility (GRIDCo) in the Ghana Wholesale Electricity Market.
Who are the key market participants in the electricity market? Their key roles in the market?
Who are the key market participants in the electricity market? Their key roles in the market?
Who are the key market participants in the electricity market? Their key roles in the market?
Who are the key market participants in the electricity market? Their key roles in the market?
Consider the case of a power plant that, in the process of generating electricity, it also...
Consider the case of a power plant that, in the process of generating electricity, it also emits noxious pollutants. It has been argued that this situation represents a market failure. a. Briefly explain, using a graph, what are the economic foundations of this argument? b. Using the graph in (a) show what are the economic implications of this case c. What economic mechanism would you suggest to correct for this market failure? d. In general, why market forces, do not...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT