Key Market Indicators
Chinese electricity generation is projected to surge to approximately 11,330 terawatt-hours by 2028, up from around 9,280 terawatt-hours in 2023. This marks an average annual growth rate of 3.2%. Historically, since 1990, China's electricity supply has seen an average yearly increase of 5.3%. This rapid growth underscores the country's expanding energy demands and industrial development. In the global ranking of electricity generation, the United States, India, and Russia follow China in the second, third, and fourth positions, respectively.
