AI Data Insight
According to the latest Q3 2026 data, the cumulative year-over-year growth rate of urban and rural residential electricity consumption in China has significantly narrowed to 0.3%, a marked slowdown from the previous 1.3%. Although residential electricity consumption is sluggish due to weather impacts, the electricity consumption of battery charging and swapping services and internet data centers still maintained a high-speed growth of over 40%, highlighting a rapid transformation in the industrial electricity consumption structure. Looking ahead, as the interference of extreme weather subsides, the investment value of smart grids and energy storage sectors will gradually emerge.