The forecasted electricity consumption in China's mining sector shows a steady upward trend from 2024 to 2028, with values gradually increasing from 2.83 to 3.09 hundred billion kilowatt hours. In 2023, actual consumption was slightly below the forecasted figure for 2024, indicating a consistent growth pattern. Year-on-year growth remains stable, reflecting a robust demand trajectory. With a compound annual growth rate (CAGR) over the five-year period, the sector demonstrates resilience and an increasing reliance on energy.
Future trends to watch include technological advancements improving energy efficiency, regulatory changes, and shifts in global demand for mined commodities which might influence electricity consumption patterns. Adopting sustainable practices could also affect future electricity needs in mining activities.
