China has urged provinces to ensure power supplies to enterprises. During a State Council meeting, Premier Li Keqiang said power outages should never be tolerated. The southern provinces called on coal-fired power plants to continue stockpiling. The backdrop is a projected increase in power demand at the end of the month should regional lockdowns end. In addition, there could be a shortage of coal supplies if shipments from northern parts of the country are disrupted by heavy rains, Bloomberg reports. However, the predicted heavy rains could also take pressure off coal-fired power plants as more power could be produced through hydropower.
Continue reading now
Get 30 days of free access to the Decision Brief to read these and more quality news every day.
Are you already a guest at the China.Table? Log in now