China optimized power transmission between provinces to avoid outages – official 

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

Chinese authorities have rationally optimised power transmission between provinces to send more power to the country’s drought-stricken southwest in response to lower output from hydropower plants, the National Development and Reform Commission, the state planner, said at a press conference on Wednesday.

In addition, authorities have increased water storage at hydro facilities in advance in order to guarantee their operation during periods when temperatures were high, he added.

China’s grid system mainly transmit power between provinces through fixed medium-to-long term contracts and more than 90% of market-based power trading in China is conducted through these mid-to-long term contracts, according to S&P Global Commodity Insights.