Intense Heatwave in China Drives Surge in Power Consumption and Thermal Coal Demand
odko tu-
Verified Editorial
Intense heatwaves across China have pushed power consumption to near-record levels, driving a surge in short-term thermal coal demand and accelerating fuel stockpiles drawdown at power plants.
A major surge in China's thermal coal demand has been reported, driven by intense heatwaves sweeping across multiple regions of the country. The extreme temperatures have prompted widespread usage of air conditioning, lifting overall power consumption to near-record levels.
To cope with the soaring electricity load, Chinese utility companies have rapidly increased coal consumption to guarantee grid stability. The seasonal peak in demand has strengthened short-term thermal coal markets, triggering higher inventory drawdowns at power plants and highlighting the critical role that coal continues to play in backing up China's power supply during weather-driven energy spikes.