In 2023, China's coal consumption in electric power, gas, and water production and supply sectors stood at 239.5 million metric tons. Projected data shows a consistent annual increase of coal consumption from 2024 to 2028, with a Compound Annual Growth Rate (CAGR) of approximately 3.02%. The year-on-year growth rate reflects steady increases: 3.32% from 2024 to 2025, 3.19% from 2025 to 2026, 3.06% from 2026 to 2027, and 2.93% from 2027 to 2028.
Future Trends to Watch For:
- Shifts in China's energy policy towards cleaner energy and the impact on coal consumption.
- Technological advancements in coal efficiency and emission reduction techniques.
- The role of international climate agreements influencing domestic energy strategies.