NEA: China's power consumption in July hits record high

China's electricity consumption surged to an all-time high of 1.02 trillion kilowatt hours (kWh) in July, up 8.6 per cent compared to the same month last year, according to data from the National Energy Administration (NEA).
The record – mainly driven by scorching heatwaves across China and the country's resilient economic activity was also the first time any country's monthly power consumption surpassed the 1-trillion-kWh threshold, market analysts noted.
Notably, China's household power consumption jumped 18 per cent on year to 203.9 billion kWh in July as summer heatwaves blanketed much of the country, which nearly doubled from 129.1 kWh a month earlier, the NEA data showed.
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