Forecast: Electricity Available for Consumption in China

In 2023, the electricity available for consumption in China stood at 87.6 hundred billion kilowatthours. Over the forecast period from 2024 to 2028, the electricity availability is expected to increase consistently. The year-on-year growth rates for the forecast years are approximately 3.45% for 2024, 3.46% for 2025, 3.29% for 2026, 3.16% for 2027, and 3.04% for 2028. The Compounded Annual Growth Rate (CAGR) from 2023 to 2028 is roughly 3.28%, indicating a steady annual growth in electricity availability.

Future trends to watch for include the expansion of renewable energy sources, advancements in smart grid technology, and policy shifts aimed at managing consumption and encouraging sustainable energy practices. These factors could significantly influence the forecasts and actual outcomes.