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China's electricity consumption up 7.1% YoY in Jan-Nov 2024

23 Dec '24
1 min read
China's electricity consumption up 7.1% YoY in Jan-Nov 2024
Pic: Adobe Stock

Insights

  • China's electricity consumption grew 7.1 per cent year-on-year (YoY) in the first 11 months of 2024, with primary industries rising 6.8 per cent, secondary 5.3 per cent, and tertiary 10.4 per cent, as per the National Energy Administration.
  • Residential power usage saw strong growth of 11.6 per cent, while November usage increased 2.8 per cent YoY, reflecting economic activity.
The electricity consumption in China increased 7.1 per cent year-on-year (YoY) in the first 11 months of 2024, as per data by the National Energy Administration.

The country's power consumption saw a year-on-year increase of 6.8 per cent in its primary industries, while the secondary and tertiary sectors experienced rises of 5.3 per cent and 10.4 per cent, respectively.

During the 11-months period, residential power consumption recorded robust growth of 11.6 per cent, according to the administration. Power usage increased by 2.8 per cent in November compared to the same month last year.

China's electricity consumption had risen by 7.6 per cent YoY between January and October 2024, as per media reports.

ALCHEMPro News Desk (SG)

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