Business · Energy & Commodities · 3 hrs ago

Guangdong Turns to Costlier Gas as El Niño Cuts Renewable Power

Guangdong Turns to Costlier Gas as El Niño Cuts Renewable Power

Guangdong, in China’s industrial heartland, is turning back to natural gas to meet rising electricity demand.

The province is relying on more costly gas-fired power.

El Niño has curtailed hydropower and wind output, reducing electricity from those sources.

Hydropower and wind are part of the supply that would otherwise help meet demand.

The shift means meeting demand is becoming more expensive for the region’s power market.

The available information does not say how long the gas use will continue.

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