SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: pogohere who wrote (61950)3/13/2010 5:53:28 PM
From: Hawkmoon  Read Replies (2) | Respond to of 218014
 
Are there sources for this statement? TIA

No.. it's just based upon sound logic. It's all well and good to build power plants as that creates a foundation for future economic growth.

But in the face of apparent over-capacity in manufacturing, it stands to reason that newly available power generation may be underutilized, or unable to pay for itself, for the foreseeable future.

But doing a quick google, I came up with these two links:

In the last three months of 2008 power demand in China fell by almost 6 percent—equivalent to the three-month output of 23 power plants of 1,000 megawatts each. This is a much more dramatic decline than in most other countries and raises questions of why the collapse has been so large and whether it will trigger a lasting oversupply of power in the near future.

cera.com

eeo.com.cn

steelguru.com

Hawk