31 May '11, 1pm

China hikes electricity rates to counter shortages via @AddThis

The industry group China Electricity Council has estimated a power shortfall of up to 40 million kilowatts in the summer. That is less than 5 percent of China’s generating capacity, but the shortages are concentrated in key manufacturing regions such as Zhejiang and Jiangsu, near Shanghai.

Full article: http://peakoil.com/consumption/china-hikes-electricity-ra...

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