China’s power consumption to rise 5-6% in 2022

China’s power consumption to rise 5-6% in 2022

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China’s electricity consumption is expected to rise by 5 to 6 per cent year-on-year and record for usage between 8.7 to 8.8 trillion kilowatt-hours (kWh) in 2022. The country’s power generation capacity will also experience a record high of 230 million kW nationwide, while its power usage growth rate will speed-up quarter on quarter this year.

China’s power usage will continue to experience stable growth in 2022 being driven by the government to balance the country’s economy, Chinese media reports said quoting China Electricity Council (CEC).

The country’s non-fossil energy capacity is expected to record 1.3 billion kW this year-end, which accounts for half of the total power generation capacity. This includes 410 million kW of hydropower, 380 million kW of wind power, and 400 million kW of solar energy.

China’s electricity consumption is expected to rise by 5 to 6 per cent year-on-year and record for usage between 8.7 to 8.8 trillion kilowatt-hours (kWh) in 2022. The country’s power generation capacity will also experience a record high of 230 million kW nationwide, while its power usage growth rate will speed-up quarter on quarter this year.

Fibre2Fashion News Desk (SF)



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