In the first half of the year, electricity consumption in Jiangsu increased by 20% year-on-year

According to State Grid Jiangsu Electric Power Co., Ltd. on July 23, in the first half of this year, the total electricity consumption in Jiangsu reached 338.48 billion kWh, increasing by 14.6% and 20.3% respectively over the same period of 2019 and 2020. Industrial electricity consumption reached 238.85 billion kWh, and the growth rate has exceeded the level of the same period in 2018 and 2019, which fully indicates that Jiangsu’s real economy continues to improve.

According to reports, Jiangsu’s economy has recovered steadily since the first half of this year. From January to June, accumulated electricity consumption in Jiangsu showed rapid growth. In terms of industry electricity consumption, 11 major industries in Jiangsu showed growth in the first half of this year. Excluding the impact of Covid-19 in 2020, compared with the same period in 2019, the industries with rapid industrial growth in Jiangsu in the first half of this year include biopharmaceutical manufacturing, communication equipment manufacturing and automobile manufacturing, with electricity consumption increasing by 42.7%, 39.9% and 38.5% respectively.

According to the electricity data, the average annual growth rate of most indicators during 2020-2021 has basically reached or even exceeded the same level in 2019, especially textile and other industries that were seriously affected by Covid-19 in 2020. The electricity consumption recovered rapidly in 2021, and Jiangsu economy was full of resilience.

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