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China's power consumption up 3.9% in Aug 2023 due to industrial surge

16 Sep '23
1 min read
Pic: Shutterstock/Lisa-S
Pic: Shutterstock/Lisa-S

Insights

  • In August 2023, China experienced a 3.9 per cent YoY increase in electricity consumption, reaching 886.1 billion kWh.
  • A breakdown reveals primary industries witnessed an 8.6 per cent surge, and secondary and tertiary sectors saw a rise of 7.6 and 6.6 per cent.
  • From January–August, total power consumption grew by 5 per cent, amounting to 6.08 trillion kWh.
China noted a steady increase in its electricity consumption in August 2023, as per the latest data from the National Energy Administration. The figures highlight a 3.9 per cent year-on-year (YoY) rise, reaching 886.1 billion kilowatt-hours (kWh), owing significantly to a surge in industrial power demand.

A sector-wise breakdown shows primary industries noting an 8.6 per cent uptick, while secondary and tertiary sectors reported increases of 7.6 and 6.6 per cent, respectively. However, there was a considerable decline of 9.9 per cent in residential power usage.

Cumulatively, from January to August, there has been a 5 per cent increase in power consumption compared to the same period last year, amounting to 6.08 trillion kWh.

ALCHEMPro News Desk (NB)

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