中信建投：火电增速趋缓后续煤价大幅反弹的空间相对有限

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中信建投（601066）研报指出，3月份，全国规上工业发电量7477亿千瓦时，同比增长2.8%；全社会用电量7942亿千瓦时，同比增长7.4%，发用电增速差值达4.6个百分点。针对发用电增速的差异，我们认为主要系分布式装机和统计口径变化的影响。发电量统计中仅考虑规上工业，因此规模较小的分布式光伏不纳入统计口径。考虑分布式电源装机的发电量后，发用电差值明显缩小。此外，发电量采用规上口径导致计算增速时...

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中信建投：火电增速趋缓 后续煤价大幅反弹的空间相对有限

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中信建投：火电增速趋缓后续煤价大幅反弹的空间相对有限