The severe heatwave in China has generated record electricity consumption, reaching 1.5 billion kilowatts, with temperatures forecast to near 50 degrees Celsius.

A series of scorching days in China has pushed electricity demand to an all-time high of 1.5 billion kilowatts. Temperatures are approaching 50 degrees Celsius in various regions, affecting more than 200 million people. Although the energy system has held up so far, there are risks of energy rationing. The heatwave affects agriculture and industries, but boosts sales of air conditioners and entertainment services, improving consumer sentiment.