Key Market Indicators
China's energy consumption is projected to hit approximately 167 exajoules by 2028, up from about 161 exajoules in 2023. This marks an average annual growth rate of 0.5%. Since 1970, Chinese energy demand has been on a consistent upward trajectory, with an average yearly increase of 3.1%. In the global ranking of energy consumption, the United States, India, and Russia follow China, occupying the second, third, and fourth positions respectively.
