Guizhou orders power cuts amid China’s potential ‘coal interventions’

Southern Power Grid in Guizhou province ordered electricity curbs on local aluminium producers, effective from Tuesday October 19, market sources said.

The announcement, made on Tuesday, came at a time when the country’s top planner said it was considering “coal interventions,” which aim to stabilize the price and supply of the crucial energy feedstock.
The power limitations are intended to induce a production cut of up to 20%, but smelters hope to negotiate with the local government to lower the requirement, sources said.
The announced limitations apply to all the aluminium producers in the western region of China, the combined total output capacity of which is normally around 1,450 kilo tonnes per year.
One alumina producer, normally accounting for a capacity of 900 kilo tonnes per year, is also included in the power cuts, sources said.

On the same day that the power-cut announcement...


Yiwen Ju

October 22, 2021

12:11 GMT