Posted on 10/11/2021 6:08:40 AM PDT by RomanSoldier19
The largest provincial economy in China's northeast rust belt on Monday warned of worsening power shortages despite government efforts to boost coal supply and manage electricity use in a post-pandemic energy crisis hitting multiple countries.
The energy crisis gripping the world's second largest-economy and top exporter is expected to last through to the end of the year, with analysts and traders forecasting a 12% drop in industrial power consumption in the fourth quarter because coal supply is expected to fall short this winter.
Liaoning province issued its second-highest alert level for power shortages for the fifth time in two weeks on Monday, warning that the shortfall could reach nearly 5 gigawatts (GW).
The biggest economy and largest consumer of power among the three provinces making up China's rust-belt industrial region, Liaoning has been hit by widespread power cuts since mid-September. A level-two alert indicates a power shortage equivalent to 10-20% of total demand for power.
(Excerpt) Read more at msn.com ...
Just wait till Taiwan takes out the Three Gorges Dam.
I thought coal was on its way out, in favor of renewable energy. 😀😊😁
I would be willing to bet they made that known to the Chinese
Every day I see notice of another Fertilizer Plant shuttered because of the natural gas shortage engineered in Brussels and Washington DC.
50% of 3rd world agriculture production depends on imports of Fertilizer and Insecticide.
Hunger next year.
Starvation the year after.
Later.
And China produces more solar panels than any other country.
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