Jan. 12, 2012 (China Knowledge) - China may see the growth of its electricity consumption slow to 8.5% this year as domestic economic growth will gradually come down, said Yu Yanshan, a Senior Official with the State Electricity Regulatory Commission
, on Tuesday.
Yu said that the country's electricity consumption grew only 3% during the period from January 1 to January 8. He estimated that the electricity consumption will increase 5% in the first quarter and gradually rebound from the second quarter.
The country consumed 4,700 terawatt hours of electricity last year, 11.7% more than that in the previous two years, said Wu Xinxiong, Chairman of the Commission.
The country added 90 gigawatt hours of installed power capacity last year, which accumulated to 1.06 terawatt hours, 9.3% more than that in 2010.