Early Freeze Across China Adds to the Nation’s Energy Crisis
- Temperatures plunged in eastern areas, snow in parts of north
- Thermal coal futures extended gains Monday to another record
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Plunging temperatures across parts of China have sparked an early start to the winter heating season, likely lifting power demand and intensifying the nation’s energy crisis.
Temperatures have dropped more than 10 degrees Celsius (50 Fahrenheit) in recent days across most of eastern China, and snow has begun to fall in parts of Inner Mongolia and Heilongjiang, according to the China Meteorological Administration. The agency initiated a level four emergency response on Friday because of the cold wave.