BEIJING, Oct 11 — China’s largest provincial economy in its north-east rust belt warned of worsening power shortages today, despite government efforts to boost coal supply and manage electricity use in a post-pandemic energy crisis hitting multiple countries.
The rebound in global economic activity as coronavirus restrictions are lifted has exposed shortages of fuels used for power generation in China and other countries, leaving industries and governments scrambling as the northern hemisphere heads into winter. Analysts and traders say China could face a 12 per cent drop in industrial power consumption during the fourth quarter, as the supply of coal is expected to fall short this winter.
However, about 60 coal mines in China’s largest coal-mining province Shanxi have been closed and several railway lines disrupted as of Friday, as heavy rain caused flooding. But the Shanxi government has not disclosed how much production capacity those closed mines represent.
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