Global commodity prices have risen sharply, and energy prices such as coal and oil have also remained high, even affecting the supply of electricity. Domestic media reports pointed out that the rising price of coal and tight supply, has led to the recent “power shortage” in southern China, Guangdong, Guangxi, Yunnan has been launched one after another “orderly use of electricity”. Among them, some areas in Guangdong at the end of May, even began to implement weekly “open four stop three” power restriction measures.
Data released by the National Energy Administration in the middle of this month shows that the first four months of this year, the whole society’s electricity consumption increased by 19.1% year-on-year. Some analysts believe that if the power shortage problem is not solved, it may hinder the economic recovery, and even lead to a decline in factory capacity, so that the market supply and demand further imbalance, so that the inflation problem worsens again.
Reports pointed out that Guangdong, including Guangzhou, Foshan, Dongguan, Huizhou, Zhuhai, Zhongshan, Chaozhou, Shantou, Zhaoqing, Jiangmen and other areas, in mid-May on the start of the “orderly use of electricity”; some areas have been further tightened to “open four stop three”. According to estimates, in May, the Guangdong region appeared 800 to 11 million kilowatts of power shortage, the largest power gap of 6 to 8.3%; adjacent Guangxi Province is also facing power shortages.
According to reports, Huizhou City, the creation of electronic Monday (24) received an emergency notice from the local power supply office, the week 24, 25, 28 three days will implement the “orderly use of electricity”, resulting in the company’s part of the order delivery is affected.
Yunnan Province, a major hydropower province, is also facing power shortages in the near future, the Yunnan Provincial Energy Bureau has recently launched an orderly power supply program, the time from May 10 to the end of the month. Affected by this, some of the electrolytic aluminum enterprises in Yunnan Province have already appeared to reduce production, is expected to last until the middle and end of June.
The recent tight supply and high price of coal for power generation is one of the main causes of this round of power shortage. A state-owned power plant in Hunan province was quoted as saying that the current price of 5,500 calorie coal is close to RMB 1,000 per tonne, a new high in almost a decade.
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