China lowers 2015 electricity use estimate0

  • The China Electricity Council (CEC) has trimmed its estimate of the amount of electricity the country will consume in 2015, based on the decelerating economy. The CEC anticipates an annual increase of 1 percent in electricity use this year, compared with its previous forecast of 2 percent in June, said Ouyang Changyu, deputy secretary-general of the council. He attributed the downgrading to weaker-than-expected economic growth and cool weather in the third quarter of the year, while predicting the economy would improve during the fourth quarter, reports Xinhua news agency. Source: IANS