Journalist Christian Shepard details the factors behind China's late-2021 energy shortages and grid strain during the post-pandemic industrial rebound.
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“China's recovery from the pandemic has been fairly rapid, particularly in, in industry. So that means that a lot of electricity was being used, particularly as you're getting into winter. And Coal prices were down, and so coal-fired power plants, they weren't willing to run because they were going to be making losses. And there wasn't enough renewables ready and available to make up that shortfall. And so you started seeing power rationing across the countries and even some blackouts in certain areas for short periods.”
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