• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 4 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 10 days Does Toyota Know Something That We Don’t?
  • 3 days America should go after China but it should be done in a wise way.
  • 9 days World could get rid of Putin and Russia but nobody is bold enough
  • 11 days China is using Chinese Names of Cities on their Border with Russia.
  • 3 hours "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 17 hours Even Shell Agrees with Climate Change!
  • 11 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 2 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 12 days Putin and Xi Bet on the Global South
  • 12 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
Microwave Energy Could Fix The Biggest Problem Facing EVs

Microwave Energy Could Fix The Biggest Problem Facing EVs

Researchers from the University of…

£2.99 Long Haul Electric Bus Pilot Launched in UK

£2.99 Long Haul Electric Bus Pilot Launched in UK

FlixBus has launched a three-month…

Economywatch

Economywatch

On EconomyWatch.com, you will find a comprehensive mix of news, analysis, reference, articles, data, charts and tools. These have been provided both by our core…

More Info

Premium Content

Severe Electricity Shortages Crippling East China’s Industrial Province

In East China’s industrial province of Zhejiang there are 500,000 enterprises – and not enough electricity to run them all at the same time. Insiders say the power shortage could be the worst since 2004.

Deputy Director of electricity dispatching centre at the Zhejiang branch of the National Grid, Dai Yan, confirmed the province is facing severe electricity shortages and has been buying power from neighbouring provinces.

“The demand for electricity intensified after Spring Festival and the shortage has been about 2-3 million kilowatts each day”,

“We have bought all of the available electricity from other provinces” Dai told the China National Radio.

Perhaps what the province really needs is more power plants than industrial enterprises.

More than 10 million kilowatt-hours of electricity are absorbed from neighbouring provinces everyday to meet demands. Local authorities reported the province used 15 percent more electricity in the first quarter of the year than any other period during the year.

Especially among industries such as chemical and non-ferrous metal manufacturing where demand has shot up by as much as 20 percent.

Jiangxi, another province has also struggled to cope with increasing electricity demands and has bought more than 20 billion kilowatt-hours of electricity from neighbouring regions, showing an increase demand of 39 percent.

Regions with large manufacturing industries such as Guangdong have also been rotating power supply among their factories to ensure continuous supply. However manufacturers are concerned that frequent power cuts are affecting their profits – and so step up production when power is more available. That spike however leads to further shortages across the country.

Adviser to the China Electricity Council, Wang Yonggan forecasts power shortages in Jiangsu province from 2011 to 2015 could amount to 15 million kilowatts. In Zhejiang province that figure could be more than 10 million kilowatts.

ADVERTISEMENT

Could this trend of not having enough electricity to manufacture products affect the rest of China?

Source: Economywatch


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News