CEC: China's power consumption to rise 6% in 2023

The China Electricity Council (CEC) says China's power consumption will likely register an on-year rise of 6% in 2023 and warns that some areas may see tight electricity supply during peak hours, according to a report issued by the CEC on July 7.

The predicted rise in consumption is much steeper than the 3.1% and 3.6% increases in power usage recorded in 2020 and 2022. However, the forecast rise for this year is considerably lower than the jump of 10.3% in 2021 when the COVID-triggered boom in Chinese product exports spurred production