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Fewer power shortages expected this summer
By Richard Fu |
June 13, 2012, Wednesday
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Online Edition
Online Edition
CHINA'S power shortages are set to ease this summer due to slowing economic growth and gains in hydropower output, a planning official said today.
The nation may face a peak supply shortfall of 18 gigawatts, representing a gap of less than 3 percent from the maximum load, said Lu Junling, a deputy inspector of the National Development and Reform Commission.
The gap was significantly smaller compared with previous years. But Lu warned this smaller power supply gap could prompt some companies in energy-intensive industries to accelerate expansion, which could overturn the situation. He cited 2009, when China posted a decline in power use in the first seven months but ended the year with a supply shortage of coal, power and oil.
Coal inventories at major power plants stood at 93.13 million tons as of June10, up 48.3 percent from a year earlier. That's enough for 28 days of use, he said at a press conference.
The nation may face a peak supply shortfall of 18 gigawatts, representing a gap of less than 3 percent from the maximum load, said Lu Junling, a deputy inspector of the National Development and Reform Commission.
The gap was significantly smaller compared with previous years. But Lu warned this smaller power supply gap could prompt some companies in energy-intensive industries to accelerate expansion, which could overturn the situation. He cited 2009, when China posted a decline in power use in the first seven months but ended the year with a supply shortage of coal, power and oil.
Coal inventories at major power plants stood at 93.13 million tons as of June10, up 48.3 percent from a year earlier. That's enough for 28 days of use, he said at a press conference.
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