China's coal consumption in power generation showed actual data of 236.15 Ten Million Metric Tons in 2023. From 2024 onwards, the consumption is forecasted to increase steadily: 245.24 in 2024, 253.42 in 2025, 261.52 in 2026, 269.55 in 2027, and 277.49 in 2028. This indicates a consistent annual growth ranging from approximately 3.33% to 3.08% year-on-year from 2024 to 2028. Over the five-year period, this marks a Compound Annual Growth Rate (CAGR) of about 3.36%.
Future trends to watch for include China's ongoing energy transition policies, potential advancements in coal power technology, and shifts in global coal markets which could impact domestic consumption trends.
