印度的电力需求在2025年12月上升6.8%,其驱动因素是高峰使用率较高和煤炭储量改善,尽管热电厂效率较低。 India's power demand rose 6.8% in December 2025, driven by higher peak usage and improved coal stocks, despite low thermal plant efficiency.

印度的电力需求在2025年12月年同比上升了6.8%,这标志着在Q3FY26季度因不季节性降雨和气温更低而下降0.4%之后恢复。 India’s power demand rose 6.8% year-on-year in December 2025, signaling recovery after a 0.4% quarterly decline in Q3FY26 due to unseasonal rains and cooler temperatures. 峰值需求达到241千兆瓦,比去年增长7.6%,反映出高需求期使用量强劲。 Peak demand hit 241 gigawatts, up 7.6% from last year, reflecting strong high-demand period usage. 热电仍占发电量的近77%,尽管植物负荷系数一直很低。 Thermal power remained dominant at nearly 77% of generation, though plant load factors stayed low. 煤炭库存有所改善,国家石油委员会持有18天的库存,国家库存为5 400万吨,比一年前高出18%。 Coal stocks improved, with NTPC holding 18 days of inventory and national stocks at 54 million tonnes—18% higher than a year earlier. 电力交换量略有增长,但包括可再生能源证书在内的总量因REC需求疲软而下降。 Power exchange volumes grew modestly, but overall volumes including renewable energy certificates fell due to weak REC demand. 太阳能小时价格上升,而非太阳能小时的需求增加,赤字高峰增加。 Solar hour prices rose, while non-solar hours saw higher demand and growing peak deficits. Nuvama预计2026财年第三季度电力行业利润将有适度增长，得益于火电厂负荷因子较弱，并指出其可再生能源管线约350吉瓦，主要为太阳能和储能项目。 Nuvama expects modest profit growth for the power sector in Q3FY26, supported by weak thermal plant load factors, and notes a robust renewable energy pipeline of about 350 GW, primarily solar and storage projects.