China’s utilities industry has been experiencing rapid growth in recent years, although a deceleration occurred in 2009 due to the global economic downturn. The report covers the three utility groups in China, namely the electricity, gas, and water utilities industries. China accounts for more than half of the region’s power consumption, with prospected growth averaging 7.6% per annum till 2030. The U.S. Energy Information Administration (EIA) projects China’s installed electric generating capacity to grow by an annual average rate of 3.6% to reach 1,686 gigawatts (GW) by 2030.
Current market trends and issues in the Chinese utilities industry include the severe water shortage and pollution problems, building of wastewater treatment facilities, development of renewable energy, and rising demand for natural gas in the country. The EIA projects that China will lead the way in adding hydroelectric and renewable electric generating capacity, such as solar and wind power.
The leading players in the Chinese utilities industry include: PetroChina Company Limited, China Petroleum & Chemical Corporation (Sinopec), Datang International Power Generation Company Limited, and China Power Investment Corporation. A comparative matrix of the financial highlights of the companies and a SWOT analysis of the companies are included in the report.
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