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The oil hub of Calgary, which boomed through the 1970s, didn’t escape the decade unscathed, either. World market fluctuations, interstate construction, racial unrest and discriminatory lending practices led once invulnerable-seeming manufacturing hubs such as Detroit and Pittsburgh to lose their economic advantages. The 1980s were not kind to single-industry cities. Louis, and spent 21 years in Toronto’s planning department. He previously led planning efforts in the Maryland suburbs of Washington, worked as the head city planner for the Mayor of St. Rollin Stanley is the former chief planner of Calgary, where he also led three city departments. Last week China said it would allow coal-fired power prices to fluctuate by up to 20% from base levels, instead of 10-15% previously.Please log in to bookmark this story. (0230 GMT) on tariffs for coal-fired power. It will hold a news briefing on Tuesday at 10:30 a.m. The National Development and Reform Commission (NDRC), China's state planner, on Monday said it has been urging power companies to boost coal inventories. And the risks to GDP forecasts could be larger as disruptions to production and supply chains feed through." More than 70% of China's coal-fired power plants are loss-making because of high coal costs, Citi analysts said in a note on Friday.Ī report by Moody's Investors Service said: "China's electricity cuts will add to economic stresses, weighing on GDP growth for 2022. China's thermal coal futures rose 8% to hit a daily upper trading limit shortly after trade started on Monday. Meanwhile, high coal costs continue to pressure utilities. The Shanxi government has not disclosed how much production capacity those closed mines represent. However, about 60 coal mines in China's largest coal-mining province, Shanxi, have been closed and several railway lines disrupted since Friday after heavy rain caused flooding. Shanxi province and the Inner Mongolia region, two of China's biggest coal producers, ordered more than 200 of their mines to expand production capacity and prioritise coal supply to power plants in northeastern provinces, including Liaoning. The energy crisis, which has led to fuel shortages and blackouts in some countries, has highlighted the difficulty in cutting the global economy's dependency on fossil fuels as world leaders seek to revive efforts to tackle climate change at talks next month in Glasgow.Ĭhina will "strictly control" coal-fired power generation projects and "strictly limit" the increase in coal consumption over the 14th Five-Year plan period from 2021-2025 while making a phased reduction in consumption in the next five-year plan, Vice Premier Han Zheng said in a joint statement issued on Monday after environment and climate dialogue between China and the European Union.Ĭhina is taking steps to try to alleviate tightness in the domestic coal market by pushing local mines to increase output, ING analysts said in a note to clients on Monday. Wind power made up 8.2% of Liaoning's power generation in 2020, National Statistics Bureau data shows. Wind farms have also been idled because of slow wind speeds, a province-backed newspaper reported. The drop in output from power plants followed tightening supply and soaring prices for coal, which is used to generate more than 70% of electricity in the region. The province also issued level-two alerts for each of the last three days of September, when the daily power shortage reached as much as 5.4 GW, leaving hundreds of thousands of households without electricity and forcing industrial plants to suspend production. 11," said a notice issued by the department responsible for industry in the province.Īn order to curb power use had been put in place from 6 a.m. "The biggest power shortage could reach 4.74 gigawatts (GW) on Oct. The rebound in global economic activity as coronavirus restrictions are lifted has exposed shortages of fuels used for power generation in China and other countries, leaving industries and governments scrambling as the northern hemisphere heads into winter. A level-two alert indicates a power shortage equivalent to 10-20% of total demand for power. The biggest economy and largest consumer of power among the three provinces making up China's rust-belt industrial region, Liaoning has been hit by widespread power cuts since mid-September. Liaoning province issued its second-highest alert level for power shortages for the fifth time in two weeks on Monday, warning that the shortfall could reach nearly 5 gigawatts (GW).