China’s Energy Crisis

... country escaped a crisis earlier on was because several other conditions were not met. First, there were no major spikes in coal prices prior to the pandemic, which allowed generation companies to operate normally. Second, in the era of a “new normalcy,... ... the spike in industrial power consumption and high export rates required for a large-scale crisis were absent. When China’s economy began to rebound after the coronavirus outbreak, these conditions were finally met. Dynamics of Energy Consumption Growth ...