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May 6, 2011

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Power declines

THE power shortage in China is mainly due to a thermal power supply slump as the energy companies are struggling financially, a State Electricity Regulatory Commission official said yesterday.

Increasing demand and lingering drought in China also has contributed to the power supply shortage, Yu Yanshan, vice director of the office of the commission, said after the release of a 2010 annual report on electricity regulation.

The overall deficits for China's five major thermal power plants topped 60 billion yuan (US$9.23 billion) since 2008, according to the annual report.

Rising raw material prices of coal hit thermal power plants and some generators closed in Guizhou, Shaanxi, Henan, Shanxi, Hunan and Qinghai, Yu said.



 

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