In recent months China has been hit by its worst electricity supply shortage of the past two decades.
The severe power shortage has already had a grave impact on the production lines of various major industries and on people¡¯s lives, with power restrictions even imposed on households in some regions.
One of the factors behind the power crunch ¡ª in addition to soaring coal prices ¡ª was the Chinese government¡¯s moves to restrict the operation of coal-fired thermal power plants under its decarbonization drive.
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