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China's electricity consumption rises in Q1 2023

16 Apr '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • China's electricity consumption rose 3.6 per cent YoY in Q1 2023, reaching 2.12 trillion kilowatt-hours.
  • In March, power usage increased by 5.9 per cent YoY to 736.9 billion kilowatt-hours.
  • The primary, secondary, and tertiary industries saw increases in power consumption of 9.7 per cent, 4.2 per cent, and 4.1 per cent YoY, respectively.
China's electricity consumption, a key indicator of the country's economic health, has experienced an increase of 3.6 per cent year on year (YoY) in the first quarter (Q1) of this year, according to data released by the National Energy Administration. The total power usage in the country reached 2.12 trillion kilowatt-hours during the period under review.

In March alone, China's power usage surged by 5.9 per cent year on year, amounting to 736.9 billion kilowatt-hours.

In Q1 2023, the primary industry saw a 9.7 per cent increase in power consumption, reaching 26.6 billion kilowatt-hours; the secondary industry registered a 4.2 per cent growth, totalling 1.38 trillion kilowatt-hours; and the tertiary industry experienced a 4.1 per cent rise, amounting to 369.6 billion kilowatt-hours, said Chinese media reports quoting the National Energy Administration.

Residential power consumption also reported a slight uptick of 0.2 per cent compared to the same period last year, with a total of 342.4 billion kilowatt-hours.

ALCHEMPro News Desk (KD)

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