China suffers its ‘worst’ winter power shortage

China has banned coal exports for two months in response to the country's worst-ever power shortage, the Times reported state media as saying on Monday, as energy demand outstripped supply by 70 gigawatts.
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Coal prices have been soaring and supplies have been disrupted by unusually heavy snow, the report said.

Shortages of coal, which fuels 78% of the country’s electricity supply, have forced the five biggest electricity producers to close 90 power stations in northern and central China.

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