China's power industry investment in the 12th Five-Year Plan will reach 6.1 trillion yuan

On March 12, 2012, the China Electricity Council issued the "Twelfth Five-Year Plan for the Power Industry" report, saying that during the "Twelfth Five-Year Plan" period, the national power industry investment will reach 6.1 trillion yuan, an increase from the "Eleventh Five-Year Plan". 88.3%. Among them, the power investment is 3.2 trillion yuan, accounting for 52% of the total investment; the power grid investment is 2.9 trillion yuan, accounting for 48%. The report also pointed out that under consideration of rising coal prices, making up for historical debts and 8% of the net assets return rate of power companies, the reasonable average selling price in 2015 should be 728.7 yuan / kWh, up 27.6% from 2010. The average annual growth rate is 5%; the sales price in 2020 should reach 831.7 yuan / thousand kWh, an increase of 14.1% over 2015 and an average annual growth rate of 2.7%. During the "Twelfth Five-Year Plan" period, the power industry will increase the total annual output of the society by about 3.2 trillion yuan, providing about 3.1 million jobs each year. During the "13th Five-Year Plan" period, the total output of the society will increase by an average of 36,700. About 100 million yuan, about 3.6 million jobs are offered each year.

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