Power play
HOME > PAST ISSUE > REPORTS [Premium content]April 2008
China’s electricity pricing and delivery systems are badly in need of reform
Even before winter storms pummeled the country in January and February, China’s power system was in trouble. China Southern Power Grid, one of the country’s two grid operators, announced in January that fuel shortages and rising fuel prices had forced it to shut down several power plants, raising the specter of huge supply shortfalls.
It was not a surprising announcement. A Fitch Ratings report published in November noted that the Chinese power sector faced structural power ...
It was not a surprising announcement. A Fitch Ratings report published in November noted that the Chinese power sector faced structural power ...
log in to continue reading...
 |
To receive the best China business news that the market has to offer,
subscribe to the China Economic Review.
subscribe to the China Economic Review.