, China
Source: Pexels

Power outages in China exposes Industrial firms’ energy security risk: report 

The outages were largely due to extreme heat and drought.

Power outages in China brings focus on security risks of renewable energy for industrial companies, S&P Global Ratings reported. 

China suffered from power outages due to extreme heat and drought conditions. According to S&P, rainfall plunged to a record 30% , reducing the water levels in Yangtze River. This resulted in restrained hydropower output. 

"We see increasing risk of intermittent outages in China because power storage and related technologies for other renewable sources are still evolving," S&P Global Ratings credit analyst Apple Li said.

Read more: Will China’s coal push delay its dual carbon targets

In addition,  S&P noted the heat drove demand for power up, leading to an increase in the use of air-conditioning. In Sichuan and Chongqing, local authorities have moved to shut down industrial activities starting mid-August. 

"Because Sichuan relies heavily on hydro, the province's industrial users could face more frequent power rationing, when weather conditions deplete water levels," Li said. 

"The grid is constructed to facilitate energy exports from Sichuan, rather than imports. Until this is resolved, it will be an ongoing problem for the province in times of drought."


Follow the links for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


Indonesia’s new regulation speeds up energy transitions
The government has issued Presidential Regulation No. 112 of 2022 to limit the coal-fired power plants and gradually reduce coal consumption.