China’s power consumption up 3.9% in Aug 2023 due to industrial surge
A sector-wise breakdown shows primary industries noting an 8.6 per cent uptick, while secondary and tertiary sectors reported increases of 7.6 and 6.6 per cent, respectively. However, there was a considerable decline of 9.9 per cent in residential power usage.
Cumulatively, from January to August, there has been a 5 per cent increase in power consumption compared to the same period last year, amounting to 6.08 trillion kWh.
In August 2023, China experienced a 3.9 per cent YoY increase in electricity consumption, reaching 886.1 billion kWh.
A breakdown reveals primary industries witnessed an 8.6 per cent surge, and secondary and tertiary sectors saw a rise of 7.6 and 6.6 per cent.
From January–August, total power consumption grew by 5 per cent, amounting to 6.08 trillion kWh.
Fibre2Fashion News Desk (NB)