China’s State Grid Says Power Supply Back to Normal: Xinhua
China’s State Grid Says Power Supply Back to Normal: Xinhua
(Bloomberg) -- State Grid Corp. of China said power supply and demand in its areas of operation have returned to normal and the electricity gap has been significantly reduced, Xinhua reported.
The thermal coal inventory in the company’s operating area has rebounded to 99.3 million tons and the available days of thermal coal supply has climbed to 20, the report said, citing spokesperson Meng Haijun.
State Grid Corp. of China supplies power to 1.1 billion people with a service area that covers 88% of Chinese territory, the company said on its website, adding that it’s the world’s largest utility.
Power is still being curtailed for some high-consuming, high-polluting industries in selected provinces. The grid will face an “overall tight balance with partial gaps” this winter and in spring, the company said in the Xinhua report.
The power distributor will closely track thermal coal and gas supply, while coordinating power transmission across different regions to ensure safety of the grid. It will also try ensure the power supply for households, public services and key customers.
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