Supply shortages have driven up coal prices in China and some electricity suppliers in Beijing are incurring dangerous losses. Photo: Reuters
Supply shortages have driven up coal prices in China and some electricity suppliers in Beijing are incurring dangerous losses. Photo: Reuters
Energy

China coal-fired power companies on the verge of bankruptcy petition Beijing to raise electricity prices

  • The Beijing Electric Power Industry Association has asked authorities for permission to raise electricity rates as coal prices skyrocket
  • Petition follows a letter last month from 11 coal-fired power companies within the Beijing-Tianjin-Tangshan power grid asking for relief

Supply shortages have driven up coal prices in China and some electricity suppliers in Beijing are incurring dangerous losses. Photo: Reuters
Supply shortages have driven up coal prices in China and some electricity suppliers in Beijing are incurring dangerous losses. Photo: Reuters
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