FLASH: China Guangdong's power use up 8% YoY in 2023

Total electricity consumption of South China's Guangdong province, the country's largest provincial economy in terms of GDP, reached 850.2 billion kilowatt hours (kWh) in 2023, presenting a robust growth of 8% compared with the previous year, Mysteel Global learned from CCTV News.

The province's power use last year was nearly half contributed by its manufacturing sector. In 2023, Guangdong refreshed a record peak power load of 145 million kilowatts, up by 3 million kilowatts than the peak level it logged in 2022. Guangdong, also a large coal importing province in China, imported