Electricity consumption in the production and distribution of water in China stood at 819.33 hundred million kilowatthours in 2023. From 2013 to 2023, consumption increased steadily with the year-on-year variation generally ranging between 6% and 14%. Over the past two years, the consumption grew by 7.57% in 2023 and 8.23% in 2022. The compound annual growth rate (CAGR) over the last five years up to 2023 was 9.46%, indicating robust growth in electricity demand for water production and distribution.
Looking ahead, from 2024 to 2028, the forecasted growth slows, with a CAGR of 4.7%, marking a significant reduction in growth momentum compared to previous years. Total growth over this five-year period is expected to be 25.84%, with a more stabilized yet still increasing trend.
Future trends to watch for include the impact of new technologies on efficiency, government policies on renewable energy integration, and potential shifts in water consumption patterns due to urbanization and climate change.