5月用电:TMT表现突出,非高耗能贡献上升

国金证券
Jul 09, 2025

(以下内容从国金证券《5月用电:TMT表现突出,非高耗能贡献上升》研报附件原文摘录)拆分5M25用电数据——总量及分板块视角:1)5月全社会用电量8096亿千瓦时,一/二/三产用电量稳步增长。其中,第三产业用电新增贡献率最高、达39.8%,新增贡献率较上年同期上升15.7pcts;居民用电次之,对全社会用电量新增贡献率达25.8%。5月中美贸易冲突缓和,内需在消费品行业“以量换价”的经营策略下...

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