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#1 China in power shortage warning

Posted: Wed Jan 23, 2008 1:24 pm
by frigidmagi
BBC
China says it is facing serious power shortages as severe winter weather continues to cause unusually high demand for electricity.

Xinhua news agency reported.

It said coal reserves were down to emergency levels and stockpiles were only high enough to generate power for the whole country for eight days.

China's economic boom has led to surging demand for electricity.

The coal industry has struggled to keep up, partly because of the government's campaign to close many small mines on safety grounds.

Peak demand

China's National Development and Reform Commission, which has control over energy issues, has called on coal suppliers and electricity providers to do their best to maintain output while promoting energy conservation.

It said winter demand was at its peak, and that low water levels has caused hydroelectric output to fall, further driving demand for coal power.

The China Business News newspaper said that 70% of all coal deliveries were made by road, and that heavy snowfall and icy conditions had contributed to supply problems.
You're going to hear about China power shortages again. You're going to read about them again.

You are looking at what is going to be one of the main drivers of China's foreign policy in the future. The need to secure energy sources.

Because of this they will eventually expand their navy and get involved in outside affairs. They are going to start looking for energy sources that can be secured and counted on.

#2

Posted: Wed Jan 23, 2008 2:54 pm
by SirNitram
I think the 8% drop in their economy on Monday might slow them down just a touch.

#3

Posted: Wed Jan 23, 2008 3:28 pm
by frigidmagi
A touch ain't gonna mean much.