Joe Blogs: Power Shortages are Damaging China’s Economy and Industry

Joe Blogs delves into the issue of hydro electric power, specifically China’s role as the world’s leading force in hydro electric expansion. With around 30% of the global supply installed, China has been reaping the benefits of this additional capacity by encouraging electricity-heavy industries, such as aluminum producers, to relocate to these regions. However, a significant shift in weather patterns has revealed the potential weaknesses of this strategy. Over the past three years, China has experienced a considerable reduction in rainfall, leading to a decrease in hydro electric output. This drop in production is now affecting aluminum producers and has…