China's power consumption shows 5% YoY increase in 2023

20 Jul '23

1 min read

Pic: Shutterstock/Ulf Wittrock

Insights

China's electricity usage rose by 5 per cent YoY in H1 2023, as per the National Energy Administration, with consumption exceeding 4.3 trillion KWh.
Power use in primary industries surged by 12.1 per cent, while secondary and tertiary sectors saw increases of 4.4 per cent and 9.9 per cent.
Residential electricity consumption also grew to 619.7 billion KWh.

China’s electricity usage, a critical economic activity indicator, rose by 5 per cent year-on-year (YoY) in the first half of 2023, as per the National Energy Administration (NEA).

In total, the country consumed over 4.3 trillion kilowatt-hours. Primary industries led the surge with a 12.1 per cent increase in power usage, while secondary and tertiary sectors saw an increase of 4.4 per cent and 9.9 per cent respectively.

Residential power use also increased by 1.3 per cent, reaching 619.7 billion kilowatt-hours during the first six months.

ALCHEMPro News Desk (NB)

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