Power shortages, industry deregulation and the implementation of a market mechanism stimulated growth in China's power sector over recent years. These deregulation measures, combined with increases in the number of thermal power generation plants, contributed to strong growth in revenue for the Thermal Power Generation industry. Over the past five years, industry revenue has been growing at an annualized rate of 7.5%. In the past two years, hydroelectric power output increased strongly, which negatively affected thermal power generation, however. In 2014, revenue from the Thermal Power Generation industry in China is estimated at $242.5 billion, up 5.4% from 2013.
The Thermal Power Generation industry in China operates thermal power generation facilities that convert fossil fuels, such as coal, oil and natural gas, into electrical energy. The establishments in this industry then provide electricity to transmission systems or to electric power distribution systems.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.