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China Facing Worst Energy Crisis in Years
Foxnews.com ^ | 5/17/11 | David Piper

Posted on 05/23/2011 1:59:00 PM PDT by socialism_stinX

China is currently facing its worst energy crisis in years.

It's so bad that their central planners must be having sleepless nights in Beijing worrying if the lights are about to go out and the factories will stop pumping out goods.

Huge swaths of central China, including the financial center, Shanghai, are likely to face power cuts this summer as energy demand peaks.

This is how the state-controlled China Daily newspaper summed up the situation: “Power shortages that gripped many parts of the country in recent months could herald the worst energy crunch in years amid growing concerns that economic growth may suffer.”

(Excerpt) Read more at foxnews.com ...


TOPICS: Business/Economy; Extended News; Foreign Affairs
KEYWORDS: china; energy
China has run straight into the unreliability of hydroelectric power. The energy crisis in China is a major contributing factor in the current global economic slowdown. I would expect China to react to its problems with hydroelectric power by buying more natural gas reserves in places like Canada, Australia, other countries in Asia, and here in the US. Gas-fired power generation is a reliable backup for hydroelectric power.
1 posted on 05/23/2011 1:59:06 PM PDT by socialism_stinX
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To: socialism_stinX

Let a hundred windmills bloom!

Henceforth, all Little Red Books will come with an attached tire-pressure gauge!


2 posted on 05/23/2011 2:01:31 PM PDT by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: socialism_stinX
China Facing Worst Energy Crisis in Years

Thomas Friedman had no comment.

3 posted on 05/23/2011 2:02:06 PM PDT by pogo101
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To: socialism_stinX

Awww, that’s too bad.

Give free-markets a try.


4 posted on 05/23/2011 2:03:56 PM PDT by Reagan69 (If it ain't broke, the government will fix it till it is.)
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To: socialism_stinX

I thought China was building a lot of new nuclear power plants. I guess they aren’t building them fast enough to keep up with demand. Too bad we aren’t building a lot more of them too. We will regret it one day, maybe soon too.


5 posted on 05/23/2011 2:11:18 PM PDT by OB1kNOb (The stench of dependency is a sickening smell. Strive to become an asset, not a liability.)
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To: OB1kNOb
We will regret it one day, maybe soon too.

I think we will regret the pace of China's building nuclear plants. Plants like that can't be built quickly. Add to that the inferiority of Chinese steel and twenty years down the road looks disastrous.

6 posted on 05/23/2011 2:16:02 PM PDT by raybbr (People who still support Obama are either a Marxist or a moron.)
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To: socialism_stinX
This article doesn't make sense. China generates most of their electricity from coal. I was reading along waiting for coal to be mentioned and down toward the bottom I finally saw this:

When you also put into the equation the problems China faces as it tries to wean itself off heavily polluting coal-fired power stations to improve its environmental record while at the same time not being prepared to pay market rates for the electricity being supplied to the state, thus hindering investment, the numbers don’t add up.

What is this "environmental record" to which the author refers? Who says China is trying to "wean itself off of coal"? Since when do the Chinese care what anybody thinks about anything?

This all sounds like B.S. to me. The Chinese need electricity to run their economy. They are sitting on plentiful coal reserves and have plenty of coalminers and coal-fired power plant builders. So what really explains the electricity shortage there, assuming there actually is one?

7 posted on 05/23/2011 2:19:10 PM PDT by rogue yam
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To: socialism_stinX
Actually the article touches on two reasons why China will not become the superpower that people think it will.

Power is in short supply, seemingly, because of the drought. But China has always suffered from drought. Apparently the central planning geniuses put all their eggs in hydro and, it is not working out. A burgeoning superpower grows on cheap, abundant energy of all kinds. This includes electricity from various sources, motor fuels, gas and coal. China is running low on several of these, and will continue to do so, especially if it follows central planning.

The other problem in China, and it might be bigger than a lack of energy, is a shortage of potable water for people, for agricultural use, and for industrial use. There is a way out of this one, but they don't seem to be following it. Abundant supplies of fresh, clean water is also basic to a large industrial power. You cannot have a modern, growing economy without it. China doesn't have it.

8 posted on 05/23/2011 2:21:29 PM PDT by Former Proud Canadian (Slugs and Bitter Clingers Unite.)
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To: rogue yam

Based on this article, the energy shortage is caused by drought which has reduced hydroelectric power production. I remember reading an article years ago that said China was moving towards hydroelectric power and away from new coal-fired plants in an effort to clean up the air in China. So apparently they have some concern for air quality in China.


9 posted on 05/23/2011 2:23:00 PM PDT by socialism_stinX (I prefer to fight communists with debate and not with guns, but guns have their time and place.)
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To: socialism_stinX

Saying that electricity shortages in China are caused by drought is like saying that starvation in Ireland was caused by potato blight. In each case the real causes are the factors that resulted in over-reliance on a single source for a critical good, and the factors that prevented the oncoming shortage from being anticipated and avoided. This article just doesn’t tell the story beyond “Rain stopped, economy died.”


10 posted on 05/23/2011 2:36:16 PM PDT by rogue yam
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To: rogue yam

And, the Chinese are buying up all the thermal coal they can get from Indonesia and Australia. They can pay for it.


11 posted on 05/23/2011 2:41:34 PM PDT by Eric in the Ozarks (Eh ?)
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To: socialism_stinX
China will have to burn diesel fuel for electricity this summer. That combined with the fact that Japan is burning diesel fuel for electricity (because of the earthquake/nuclear meltdown) means that there will be significant upward pressure on the price of diesel fuel. I don't know if that will mean more refineries turning out diesel instead of gasoline (which would put upward pressure on gasoline prices) but I wouldn't rule it out.
12 posted on 05/23/2011 2:59:57 PM PDT by NRG1973
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To: socialism_stinX
Send the environuts to China so they can impose strict nonsensical EPA laws to make the playing field a little more level.
13 posted on 05/23/2011 3:05:26 PM PDT by PATRIOT1876 (The only crimes that are 100% preventable are crimes committed by illegal aliens)
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To: socialism_stinX
From just one of thousands of Internet sources: "Substantial inflation was one of the causes for the discontent just before the Tiananmen square incident in 1989. So inflation is a very serious issue . . . ."

Inflation was, some say, the real cause of the protests.

.. and inflation is now a very serious issue once again -- along with a myriad of other existential threats to the commies; and there's even a new one: the worst energy crisis in years.

Golly gee.. and Red China is going to pass us as a super power by next Tuesday afternoon, around Tea time?

14 posted on 05/23/2011 3:13:31 PM PDT by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
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To: NRG1973

Would not China be burning coal?


15 posted on 05/23/2011 3:14:27 PM PDT by Osage Orange (The MSM is an enemy of the United States of America)
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To: Osage Orange
Would not China be burning coal?

All of China's coal fired power plants are running flat out and, because of the problem with hydropower, its still not enough. They have a number of oil fired power plants that the keep as backup (they can't afford to burn oil when there are other sources of electricity) that they will have to bring back online until the crisis is over.

Because oil fired electricity is more costly than coal/hydro power, the act of burning oil for electricity will make their inflation problem worse.

16 posted on 05/23/2011 3:37:15 PM PDT by NRG1973
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To: Osage Orange

They in fact do, a whole bunch. And their environmental genuflecting notwithstanding, thay are commissioning a thousand megawatts of coal fire generation every 10 days. And if you look at their published capacity additions over the next 10 years intend to keep up that pace. And “renewables” well let’s just say it looks good in the western news media but don’t make much juice. No fools, the Chinese.


17 posted on 05/23/2011 3:38:59 PM PDT by technically right
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To: WilliamofCarmichael
Inflation was, some say, the real cause of the protests.

One of the under-appreciated causes of the Tiananmen Square protests was the widespread presence of foreigners in China for the first time starting in about 1986. Prior to that virtually all foreign tourists had been confined to tightly-controlled organized tours. In about 1986 the Chinese began issuing visas to individual travelers and China instantly became the go-to destination for Western backpackers. By 1989, and for the first time in Chinese history, tens of thousands of young educated Chinese had seen and met young Westerners and could see and hear for themselves just how poor their prospects were in comparison to those of their foreign counterparts. In the face of this disparity of outlook, the benefits of a more liberalized political and economic system became immediately and personally apparent to these young Chinese.

18 posted on 05/23/2011 3:50:38 PM PDT by rogue yam
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To: rogue yam
What is this "environmental record" to which the author refers? Who says China is trying to "wean itself off of coal"?

I think you're right. I read an article a few months ago that China was slapping together coal plants as quickly as possible. THEN an article came out saying how far ahead the Chinese are with their clean-coal initiative.

Frankly there have been so many POSITIVE articles about China lately and how they are just leaving the West in their dust, that I think we being hit by a major propaganda campaign.

19 posted on 05/23/2011 4:57:42 PM PDT by VeniVidiVici (Socialism works great until capitalism starts to falter)
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To: VeniVidiVici

How about, you have a choice. Make sure your population has energy or cut whatever possible to get that blue water navy operational.


20 posted on 05/23/2011 5:30:00 PM PDT by EQAndyBuzz (Who is John Galt?)
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