China beats the power crunch - Emma Graham-Harrison

Blackouts From Reuters, via The Standard:

China has emerged from the summer with far fewer blackouts and shortages than feared, potentially closing the latest chapter in its boom- and-bust power sector saga.

Better demand management, rainy weather and improved coal transport helped close supply gaps, in turn curbing the need for extra oil supplies to power independent generators, a key reason for this year’s surprisingly weak oil demand.

September 20, 2005 11:09 PM
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Categories: Economy