AI Data Insight
Latest data shows that as of Q2 2026, the cumulative year-over-year growth rate of electricity consumption for living purposes by urban and rural residents in China reached 4.5%, expanding steadily from the previous 3.9%. Driven by the "trade-in" policy for home appliances and an early surge in temperatures in the south, residential electricity consumption has grown robustly. Meanwhile, electricity consumption by new infrastructure, such as internet data services and battery charging/swapping facilities, surged by over 40% YoY. It is expected that the summer will bring a new wave of grid load challenges.