Forecast: Electricity Generation in China

Based on the data provided, China's electricity generation was recorded at 9.3 thousand terawatt-hours in 2023. For subsequent years, from 2024 to 2028, forecasted values show a steady increase from 9.7 to 11.33 thousand terawatt-hours. Year-on-year percentage variations indicate consistent growth: 4.3% from 2024 to 2025, 4.05% from 2025 to 2026, and 3.9% from 2026 to 2027. The compounded annual growth rate (CAGR) over the entire five-year period (2024-2028) is approximately 4.2%.

Future trends to watch for include:

  • China's continued push towards renewable energy sources, which may accelerate growth in electricity generation capacity.
  • Government policies and regulatory changes influencing the energy mix and sustainability goals.
  • Technological advancements in energy efficiency and grid management, potentially impacting overall electricity generation dynamics.

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