Articles tagged "energy crisis"

coal fired power station

Unprecedented power outages hit China's homes and factories, increasing global supply chain chaos

Coal shortages are causing unprecedented power outages in parts of China ahead of the winter season, affecting the country's economy and increasing global supply chain chaos. It's estimated that around 44% of China's industrial activity is affected by...

September 29, 2021

wood indoors by marco verch

Europe's crippling energy crisis presages trouble for the rest of the world

Natural gas prices have soared by almost 500% in 2021 and with another winter just around the corner gas is trading at near-record values. While European countries attempt to outbid one another for supplies from major exporters it's inevitable that utilities...

September 27, 2021