China's Electricity Shortage To Continue Into
Winter
China's electricity shortages will continue into the
winter, with shortages in Zhejiang being the most serious.
This means that the electricity savings programs that
began in the summer will continue into the winter.
The total shortfall this winter for eastern China, including
the four provinces of Jiangsu, Zhejiang, Anhui and Fujian
plus Shanghai will amount to approximately 17 million
kilowatts, and will require power cutoffs in parts of
Zhejiang province during peak hours. The shortfall for
Jiangsu will be 8.8 million kilowatts, and for Shanghai
will be 2.5 million kilowatts. Anhui will be able to meet
all its electrical generation needs.
The past two years have seen serious electrical
shortages in China, and the government has put increased
electrical generation capacity on a high priority basis.
Current plans are for the rapid development of nuclear
energy capacity, and investors have become interested
in energy
companies as a result.
For the first time in its history, China has become dependent
on energy sources from outside
China, and the country's state-owned energy importers
have been expanding imports from outside the country,
driving costs up around the world.
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