Virus Wave Hinders China’s Efforts to Secure Coal for Expected Rebound in Power Demand

(Bloomberg) — The virus wave sweeping China is delaying efforts to make sure the country’s coal-fired plants can secure all the fuel they need to prevent power shortages when the economy rebounds.

Plans to have mines and electricity generators sign medium- and long-term supply deals are well past an original Nov. 25 deadline, industry media Coal Network Viewpoint reported.