China’s Energy Crisis

... whole group of factors may be identified as causes of the crisis, and the impact of each varied by province. While contemporaneous, they were not always interconnected. Additionally, many were similar in nature to the factors that resulted in power failures in the early 2010s. That is, over these years, China continued to exist amid a virtually complete set of conditions for a large-scale energy crisis. Evidently, the only reason the 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 ...