China: Electricity Consumption: Urban and Rural Residents' Life Industry: Current Month YoY

Macro

2026-07-15

Description

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Published by
National Energy AdministRation of China (Choice)
Frequency
Monthly
Next Update

AI Data Insight

According to the latest data, the year-over-year growth rate of China's urban and rural residential electricity consumption plummeted from the previous 7.5% to -3.1% in June 2026, making a rare turn to negative growth. However, driven by AI computing power and new energy vehicles, electricity consumption in internet data services and charging and battery swapping services surged by over 40%. As extreme heatwaves hit in July, short-term power loads are repeatedly hitting new highs, and the investment value of the smart grid and energy storage sectors will emerge accordingly.

AI Data Insight

According to the latest data, the year-over-year growth rate of China's urban and rural residential electricity consumption plummeted from the previous 7.5% to -3.1% in June 2026, making a rare turn to negative growth. However, driven by AI computing power and new energy vehicles, electricity consumption in internet data services and charging and battery swapping services surged by over 40%. As extreme heatwaves hit in July, short-term power loads are repeatedly hitting new highs, and the investment value of the smart grid and energy storage sectors will emerge accordingly.

Description

-

Published by
National Energy AdministRation of China (Choice)
Frequency
Monthly
Next Update