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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (61952)	3/13/2010 5:57:00 PM
From: KyrosL	Read Replies (1) \| Respond to of 218031

For as long as I can remember China had power shortages. The only exception was the crash of 2008. I predict confidently that power shortages will return in a year or two.

To: Hawkmoon who wrote (61952)	3/13/2010 7:45:11 PM
From: pogohere	Respond to of 218031

China's power woes give little impetus to oil prices \| Reuters BEIJING (Reuters) - China's winter power supply crunch, the fourth in six years, is unlikely to trigger major oil imports like those seen five years ago. China In 2004, during the country's worst power shortage in decades, hundreds of small firms and factories in booming eastern and southern province export hubs were behind a surge in China's diesel imports as they snapped up stand-alone generators. This time, it's the economically less developed central provinces that have been worst hit as a bitter cold snap sent residential power consumption surging, and unlike five years ago there is a surplus of generating capacity. With power shortages much less severe than in previous supply crunches, the most that analysts expect is a slight dip in the country's burgeoning diesel exports. This is assuming the weather doesn't worsen ahead of the Chinese New Year in mid-February, which would further strain already perilously low stockpiles of coal, the fuel for almost four-fifths of China's electricity supply. reuters.com China power shortages expand to Zhejiang China's Zhejiang province has asked power-intensive firms to avoid electricity use during peak hours to ensure supplies to residents and other users, a local government official told Reuters on Jan 14. The coastal province added itself to a list of regions, especially in central China, grappling with insufficient power during the winter as demand surged from economic recovery and harsh weather amid insufficient coal stocks at power plants. Sinopec's crude oil production in its largest Shengli oilfield was also trimmed last week due to power rationing in eastern Shandong province. "We started paring power loads by 1.2 GW from Tuesday by shifting demand from firms such as in cement and chemical sectors from 9:00 am to 11:30 am each day," said the official familiar with the local power sector, but who declined to be named as he was not authorised to speak to the media. en.in-en.com China's power shortage brings long, cold days to Lhasa The biggest cinema in downtown Lhasa was packed with an audience eager to enjoy Avatar, the year's first blockbuster in China, on Thursday evening. The Potala Palace in Lhasa [File Photo] But 30 minutes into the James Cameron epic, the screen went black. "Power cut again," Losang Tsering sighed in disappointment. He had the same experience when he was watching the Hong Kong all-star action film "Bodyguards and Assassins" two weeks earlier. As the crowd reluctantly felt their way to the exit, Jiang Wu, a security guard at Xinhua's Lhasa bureau five minutes walk away, expertly started a diesel generator. "Don't turn on the air-conditioner," he shouted at several office windows that were lit up again. The night temperature had dropped to minus 8 degrees Celsius in Lhasa. Most residents, however, have been used to such blackouts since winter began in October. china.org.cn