Thermal Power Sector Update - Robust power consumption to boost CGM price
  • 16 May 2024
  • Sector Reports
2024 is poised to achieve the highest power consumption growth rate since 2018 and so we raise our 2024/25F power consumption forecast accordingly. In 4M 2024, power demand grew significantly by 12.4% YoY (3x of the growth rate in 2023) which was mainly d