Bloomberg Law
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Law
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

Drought-Fueled Power Crisis in China Poses Risk to Clean Energy

Aug. 18, 2022, 6:46 AM

Power outages across China’s Sichuan province pose a new threat to clean energy supply chains already pressured by high costs of raw materials.

Disruptions at manufacturing plants in the region are likely to impact output of lithium compounds for electric car batteries and polysilicon used in the production of solar panels, according to Dennis Ip, an analyst with Daiwa Capital Markets.

“Extreme weather has already caused a lot of interruptions in the economy and in industrial production,” Ip said Thursday in a Bloomberg Television interview. Together with the impact of the war in Ukraine, that’s “going to affect energy ...