(EnergyAsia, May 9 2012, Wednesday) — A US ratings agency has predicted that China will face further face power shortages as it continues to rely on a tariff framework for its coal-fired plants that is “not sustainable in the long term”. “The problem centres on China’s thermal or coal-fired plants, which in 2011 represented 72.5%…
CHINA: Fitch blames “non-viable” coal-based power tariff for continuing blackouts
Posted on May 9, 2012 by EnergyAsia