Core Insights - The rapid increase in electricity load across China indicates strong support from new economic drivers, particularly in the equipment manufacturing and consumer goods sectors, reflecting the optimization of the economic structure and the advancement of new productive forces [1] Group 1: Electricity Demand Growth - Emerging industries are the main contributors to the growth in electricity demand, with significant increases in electricity consumption from sectors such as artificial intelligence and new energy [1] - In June, electricity consumption in the internet data services sector grew by 44.6%, while software and information technology services saw a 17.4% increase, and electric vehicle manufacturing experienced a 13.0% rise [1] Group 2: Restructuring of Electricity Consumption - The rise of emerging industries is not only increasing electricity demand but also fundamentally restructuring electricity consumption patterns, moving away from traditional heavy industries [3] - Regions like Inner Mongolia and Guangdong are experiencing significant changes in electricity consumption due to the expansion of new energy and digital economy sectors, with Guangdong's data centers consuming 35.20 billion kWh, a 44.43% increase year-on-year [3] Group 3: Changes in Power Supply and Demand Logic - Emerging industries are becoming key variables in electricity consumption, significantly altering the underlying logic of power supply and demand [4] - The International Energy Agency predicts that electricity consumption from data centers in China will rise from 3% to around 6% between 2025 and 2027, driven by the growth of new industries [4] - The demand from emerging industries is accelerating the transition to cleaner energy sources and advancing smart grid technologies, enhancing energy efficiency and stability in the power system [4]