Guangdong has achieved a historic milestone in 2024 by becoming the first province in China to exceed 9 trillion kilowatt-hours (kWh) in total annual electricity consumption.
Source: China Energy News Network
Guangdong has achieved a historic milestone in 2024 by becoming the first province in China to exceed 9 trillion kilowatt-hours (kWh) in total annual electricity consumption. According to recently released data, the province's electricity usage reached 9,121 billion kWh, marking a 7.3% year-on-year increase. Additionally, Guangdong's maximum power load reached a new record of 157 million kilowatts (kW), up 6.25% compared to 2023. The power supply remained stable, reliable, and sufficient, providing strong support for Guangdong’s high-quality economic and social development.
One standout feature of Guangdong’s electricity consumption in 2024 was the significant growth driven by emerging industries. High-tech and equipment manufacturing sectors consumed 1,746.22 billion kWh of electricity during the year, representing a 9.75% year-on-year increase. Among these sectors, general equipment manufacturing, computer and communication equipment manufacturing, and instrument manufacturing recorded average growth rates of over 11%.
Another notable trend was the province's increasing reliance on renewable energy. Guangdong’s installed capacity for renewable energy reached 62.12 million kW, accounting for approximately one-third of its total installed power capacity.
The growth in renewable energy production has also fueled a sharp rise in green power consumption. By the end of 2024, cumulative green electricity transactions in Guangdong surpassed 7.165 billion kWh, an 80.5% increase compared to the previous year. “The growing demand for green electricity reflects stronger acceptance among market participants, which in turn promotes the integration of renewable energy into the grid,” said Liu Jiansheng, Senior Manager of the Market Trading Division at Guangdong Power Grid Energy Investment Company.