China seeking to resolve issues caused by power curbs, higher raw materials prices (updated)
24/09/2021 06:32
(Adds details)
BEIJING, Sept 24 (Reuters) - China will look to resolve
issues caused by recent power restrictions and in raw materials
prices, an official from the National Development and Reform
Commission said on Friday.
At least 15 listed firms from provinces and regions
including Jiangsu and Yunnan have said recently that their
production had been disrupted by power curbs.
urn:newsml:reuters.com:*:nP8N2QJ017 urn:newsml:reuters.com:*:nP8N2QF00U
Chinese authorities have sought curbs on power generation as
part of the country's efforts to meet a 2060 carbon neutrality
target.
Only 10 out of 30 regions in mainland China achieved their
energy goals in the first half of the year, while nine provinces
and regions increased their energy consumption on an annual
basis. urn:newsml:reuters.com:*:nL1N2PO0H2
With local governments beefing up measures to limit energy
usage, China's power generation in August dipped 2.7% from a
month earlier to 738.35 billion kwh. That was still, however,
the second-highest month on record.
(Reporting by Min Zhang and Brenda Goh; Additional reporting by
Tom Daly; Editing by Shivani Singh and Edwina Gibbs)
((min.zhang@thomsonreuters.com; (8610) 5669-2105;))