China’s October power consumption up 9.5 percent y/y

BEIJING, Nov 15:  China’s power consumption in October reached 437.5 billion kilowatt hours (kWh), the National Energy Administration (NEA) said late on Thursday, up 9.5 percent from a year earlier.

Overall power consumption in October fell 1.6 percent from the previous month as temperatures dropped and air conditioners were turned off. The growth rate also slowed from 10.4 percent in September.

Total power consumption in the first 10 months of the year rose 7.4 percent to 4.383 trillion kWh.

China’s power generation in October rose 8.4 percent on the year to 430.5 billion kWh, posting a seventh consecutive monthly gain.

(AGENCIES)