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AF TV – Three reasons why China is facing a power crunch


A wide swathe of China has suffered outages since May due to soaring prices and tight supply of coal, a key fuel for its power generation, restricted power plants’ operations, and robust industrial activity after the Covid-19 pandemic stoked demand.

China’s measures to stabilise the coal market and boost profitability of power plants ranged from approvals for greater coal production to a crackdown on coal price speculation and freeing up electricity prices.

But China’s state power provider has recently warned of a “tight balance” between power supply and demand in the country through the winter until spring. We rake a look into three major reasons behind China’s power crunch

 

Ankur Tanwar

After graduating as a Computer Science student and having worked as Data Analyst for two years, Ankur made the switch to the film and entertainment industry. With an affinity for understanding and managing software, Ankur found a talent for video editing and has worked for Asia Financial since launch, as a Video Editor and Producer. Ankur is in charge of the AF TV production unit based in Delhi.

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