Demand in China Flashcards
What was the predicted reduction in power demand in China due to the pandemic, and how much of industrial power consumption does this represent?
Power demand in China was predicted to reduce by as much as 73 billion KWH, which is about 1.5% of industrial power consumption.
Despite the reduction in power demand, what is China’s status in terms of electricity consumption globally?
China is still the world’s largest electricity consumer, with the above loss being equivalent to all the power used in Chile
What are the equivalents of the reduction in power demand in terms of thermal coal and liquefied natural gas?
The reduction in power demand is equivalent to 30 million tonnes of thermal coal or 9 million tonnes of liquefied natural gas.
What percentage of total energy was used by the industry in China in 2019?
In 2019, industry used 67% of total energy in China.
How has the pandemic affected economic growth predictions and power consumption in China?
Economic growth predictions have been revised down from 5.8% in 2020 to 4.2%, and power consumption is expected to climb by only 3.1%, down from initial predictions of 4.1%.
