Zhejiang's Q1 2026 Computing Center Electricity Consumption Surges 26.43% YoY, Setting New Records

Published: Apr 29, 2026 10:04
On April 27, State Grid Zhejiang Electric Power disclosed that in Q1 2026, the province's computing center electricity consumption reached 1.529 billion kWh, surging 26.43% YoY, with both volume and growth rate setting new records. Large and ultra-large projects were the core growth drivers. Hangzhou and Jiaxing led regional demand, with local computing capacity continuing to expand. The share of intelligent computing remained extremely high, power load stayed stable, and energy efficiency levels improved steadily, as computing-power coordination continued to advance.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
On April 27, State Grid Zhejiang Electric Power disclosed that in Q1 2 - Shanghai Metals Market (SMM)