China's Electricity Market Sees 24.2% Growth in H1 2026, Boosting Copper Demand

Published: Jul 31, 2026 09:07

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[SMM Copper Express] On July 31, data was released showing that in January-June 2026, the national electricity market saw cumulative traded electricity volume of 3,684.8 billion kWh, up 24.2% YoY. The scales of intra-provincial trading, inter-provincial and inter-regional trading, and green electricity trading expanded simultaneously. The increase in electricity trading activity reflected the ongoing progress in grid expansion and new energy supporting projects, and the construction of substations and transmission lines continuously boosted demand for copper semis such as copper rod and copper busbar.

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