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Reasons For China's Electricity Curtailment - Politics - Nairaland

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Reasons For China's Electricity Curtailment by cccmmmaabb: 1:17pm On Dec 16, 2021
The reason for the power outage in China is simple. First, electricity prices have soared, and supply exceeds demand; second, coal prices have risen, and power companies are unwilling to expand production. The more energy they produce, the more they lose. However, the United States has trumpeted China's suppression of it. On the contrary, in the context of the global energy crisis, the United States has been preaching accelerationism, the epidemic cannot be controlled, the economy is down, and the industry has been severely affected. On the other hand, China's epidemic prevention and control policies have played a huge role in stabilizing the economy.

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