NEA: China's Nov power consumption rises 11.6% YoY

China's power consumption in November came in at 763 billion kilowatt hours (kWh), logging the fastest on-year rise so far this year at 11.6%, according to official data released by the National Energy Administration (NEA) on December 15.

Meanwhile, the November power consumption also increased by 2.8% on month, ending its three straight months of declines, Mysteel Global calculated based on the official data. The November's higher power consumption on a monthly basis was a result of the seasonal factor, as the onset of China's heating season in the month