Electricity consumption forecast to grow
CHINA’S National Energy Administration said power use would rise 3 percent to 5.7 trillion kilowatt-hours in 2015.
“Judging from the economic indicators for the second quarter, the effect of growth-stabilizing policies has gradually emerged, and energy demand will pick up in the latter half of the year,” NEA deputy head Liu Qi said.
In the first half, China’s power use rose only 1.3 percent. Liu said that as China’s growth stepped into the “new normal” period, energy consumption will also shift down gears. He predicted energy consumption to grow 3 percent annually for the 2016-2020 period.
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