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China’s power crisis ‘man-made’, and miscalculations by Beijing serve as ‘a very painful lesson’, coal insiders say

Summary:
[unable to retrieve full-text content]China does not have a shortage of coal, and the nationwide power cuts were a “man-made crisis” and “a big mistake”, according to domestic coal industry insiders who blame Beijing for its miscalculations in coal-production planning and its antiquated national power pricing system.Chen Weidong, the former chief energy researcher with the China Institute of Energy Economics at state-owned energy giant China National Offshore Oil Corporation, said at a virtual energy forum in Beijing that there was…

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[unable to retrieve full-text content]
China does not have a shortage of coal, and the nationwide power cuts were a “man-made crisis” and “a big mistake”, according to domestic coal industry insiders who blame Beijing for its miscalculations in coal-production planning and its antiquated national power pricing system.Chen Weidong, the former chief energy researcher with the China Institute of Energy Economics at state-owned energy giant China National Offshore Oil Corporation, said at a virtual energy forum in Beijing that there was…

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