State Grid Corporation of China predicts a rise of about 10.5 percent in China's electric power consumption and the country's electric power demand will skyrocket to 2.39 trillion kilowatt/hour (kwh) next year, an increase of 260billion kwh from this year.
Information from the company's recent work meeting on China's power market analysis and prediction held in Luoyang, a historical city in central China's Henan Province, indicated this year's power consumption would pose an year-on-year rise of some 14.5 percent and the demand would increase to 2.16 trillion kwh, 273 billion kwh more than in 2003.
The electric power consumption across the country went up by 14.92 percent to reach some 1.57 trillion kwh in the first nine months of the year, with industrial businesses, service trade ventures, as well as urban and rural residents for use in daily life being the top three that had effected the most rises in power consumption.
Source: Xinhua