Analysis of China's average daily electricity consumption reveals it stood at approximately 238.16 hundred million kWh in 2023. Subsequently, the forecasted consumption growth for 2024-2028 shows a steady increase. Year-on-year variations depict a consistent rise: 3.31% in 2025, 3.19% in 2026, 3.08% in 2027, and 2.96% in 2028. The five-year Compound Annual Growth Rate (CAGR) is around 3.13%. The increase suggests robust economic activities and rising energy demands.
Future trends to watch for include:
- Policy impacts on renewable energy integration.
- Technological advancements in energy efficiency.
- Influence of climate policies on energy consumption patterns.
