NEWS

China is battling its worst electricity crisis in a decade. The country is so short on power that many cities are suffering blackouts. Factories were either forced to close entirely or are able to stay open only for a few hours per week. The crisis was caused by the spike in the price of coal as the country's economy reopened post-COVID, which meant that power stations began operating at a loss and were forced to close.

Resource:

Daily Mail: Energy crisis spreads to China: Factories close and cities are hit by blackouts as demand spikes post-Covid