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China electricity trade up 19.2%

China electricity trade up 19.2%

The volume of electricity traded in China's power market increased by 19.2% during the first eight months of 2026, reaching 5.18 trillion kilowatt-hours. Data shows that domestic trading within provinces totaled 4.026 trillion kilowatt-hours, a 21.5% rise, while inter-provincial and regional trading amounted to 1.154 trillion kilowatt-hours, up 12.1%. The market also saw growth across different types of trading, with mid- and long-term traded electricity reaching 4.617 trillion kilowatt-hours, the spot market at 563 billion kilowatt-hours, and green electricity at 218.2 billion kilowatt-hours—an increase of 6.1% compared to the previous year. It is worth noting that electricity consumption in China surpassed 10 trillion kilowatt-hours by the end of 2025, driven by significant annual growth and substantial investments in the national power grid.

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