Global power consumption slowed down noticeably in 2019 (+0.7%)

In 2019, global electricity consumption grew at a much slower pace than in recent years (+0.7% compared to an average 3%/year over the 2000-2018 period), due to a slowdown in economic growth and to milder temperatures in several large countries.
Electricity demand in China, which accounts for 28% of the global electricity consumption, grew by 4.5% in 2019 (compared to 10%/year over the period 2000-2018), as the slowdown in electricity demand from industry (lower economic growth in 2019) was partly offset by a strong demand from the residential and services sectors. It was stable in India (slowdown in industrial consumption) and in Russia (milder temperatures).
In the USA, a lower demand from the industrial and residential sectors contributed to cut electricity consumption by 2.2%. Electricity consumption also contracted in the EU (-1.4%, in line with the economic slowdown), in Japan, South Korea, and South Africa.