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Southwest China’s Sichuan province will extend restrictions on power use by industrial users until August 25 as it tries to deal with spiking household electricity demand amid a long-lasting heatwave and dwindling hydropower generation due to severe drought, reported several Chinese news outlets including Yicai and Caixin.
Sichuan had already imposed restrictions on industrial power use for the period from Aug. 15 to Aug. 20, but extended the curbs for another five days on Sunday as temperatures continued to linger at around 40 degrees Celsius (104 degrees Fahrenheit), the reports said.
The reports cited battery producers as saying that industrial power users in the cities of Yibin and Suining had been told to remain closed until Thursday.
Shenzhen-listed Lier Chemical Co., Ltd said in a stock exchange filing that its production lines in the cities of Mianyan and Guangan has received a notice from the authority to extend power restrictions to August 25. As the company is set to be subject to 11-day power use restrictions, which will have some adverse impact on its business operations and earnings, it said in the filing.
Sichuan province on Sunday activated level-one emergency response for ensuring power supply, the highest level under the current system, effective from August 21, as the power crunch worsens. Read more …