China Power Market Size And Trends By Installed Capacity, Generation, Transmission, Distribution

The China power market cumulative installed capacity was 2,368.3 GW in 2021. The market is expected to grow at a CAGR of more than 5% during the forecast period. Historically, electricity consumption in China grew at a high rate in comparison to other countries. Generation from hydropower and renewable energy sources has increased which has led to idle generation capacity in several coal power plants and has seen the government banning the construction of new coal-based capacity in the key economic regions of Hong Kong, Shanghai, and Beijing.

Read More Stories: