Key Market Indicators
China's electricity generation is projected to surge to approximately 11,330 terawatt-hours by 2028, a notable increase from around 9,280 terawatt-hours in 2023. This represents an annual compound growth rate of 3.2%. Since 1990, China's electricity supply has expanded at an average annual rate of 5.3%. This rapid growth underscores the nation's escalating energy demands driven by industrial expansion and urbanization. In the global ranking of electricity generation, the United States, India, and Russia hold the second, third, and fourth positions, respectively.
