Key Market Indicators
China's energy consumption is projected to hit approximately 167 exajoules by 2028, up from around 161 exajoules in 2023. This marks an average annual growth rate of 0.5%. Since 1970, the country's energy demand has surged at an average rate of 3.1% per year, reflecting its rapid industrialization and economic expansion. Trailing China in energy consumption are the United States, India, and Russia, occupying the second, third, and fourth positions, respectively.
