Core Insights - The National Energy Administration has emphasized the acceleration of green and low-carbon energy transformation in China since the start of the 14th Five-Year Plan, with non-fossil energy generation increasing by over 5 percentage points [1] - The rapid growth in electricity demand is driven by advanced manufacturing industries represented by electric vehicles and digital industries such as artificial intelligence and big data, leading to a shift in energy consumption structure [1] - The share of electricity in terminal energy consumption has increased by approximately 4 percentage points during the 14th Five-Year Plan, with significant investments in charging infrastructure for electric vehicles [1] - As of July, the number of charging facilities in China reached 16.696 million, ten times the number at the end of the 13th Five-Year Plan, making it the world's largest scale [1] - The energy production structure is also undergoing a green low-carbon transformation, with wind and solar power playing a crucial role, as their generation increase has surpassed the overall growth in electricity consumption in the first half of the year [1] Future Directions - The focus will be on maintaining a moderate surplus in electricity supply while promoting reasonable and green energy consumption to support economic and social development, aiming for a transition from merely using electricity to using it effectively [2]

Core Insights - In 2024, China's electricity consumption for new energy vehicle manufacturing is expected to increase by 34.3% year-on-year, while electricity consumption for internet and related services is projected to grow by 20.5% [1] - From January to July this year, electricity consumption for electric vehicle charging and swapping services has surged by over 40% [1] - The growth in emerging industries is effectively increasing the share of electricity in energy consumption, promoting adjustments in energy consumption structure and driving the green transformation of energy production [1] Infrastructure Development - To meet the electricity demand brought by the widespread adoption of new energy vehicles, significant efforts are being made to enhance charging infrastructure [1] - As of the end of July, the number of charging facilities in China reached 16.696 million, which is ten times the number at the end of the 13th Five-Year Plan, making it the largest scale globally [1] Green Energy Initiatives - The government is actively encouraging the use of green vehicles and green electricity through initiatives like green certificate trading, providing green electricity services to new energy vehicle owners [1] - Pilot projects for vehicle-grid interaction are being organized in relevant provinces, allowing electric vehicles to act as "mobile power banks" to support electricity demand management [1] - More than half of the world's new energy vehicles are currently operating in China, indicating a deep-rooted acceptance of green and low-carbon travel concepts and energy consumption methods [1]