China’s power generation surged 10.5% in October

Thermal power generation up 16.1%.

According to Maybank Kim Eng,  China’s power generation increased 10.5% YoY in October, roughly flat with the 10.3% YoY increase in September, but down from the August hot weather high.

Here's more:

China’s power generation data continues to provide bottom up data confirmation that aggregate economic activity has maintained healthy growth on a YoY basis starting from the March 2013 low.

Looking ahead, the higher comparable year ago data means that YoY growth in electricity generation is likely to slow to 5-7% at year-end, and much lower in Jan 2014 due to the early CNY.

Thermal power generation was quite strong, up 16.1% YoY, followed by nuclear power, up 11.8% YoY. Hydro power generation was down 6.3% YoY due to seasonal factors.