COLUMN-Slowdown eases China power crisis: John Kemp

It is an ill wind indeed that blows nobody any good. The abrupt slowdown in the global economy and widespread capacity closures in China's aluminium and steel industries have eased pressure on the country's power generation system, giving the government more time to install capacity and build out the promised long-distance ultra-high voltage (UHV) transmission network.

Chalco's decision to close 38 percent of alumina capacity coupled with the earlier industry-wide reduction in aluminium output and widespread cutbacks at steel mills and zinc, copper and nickel smelters have substantially reduced load on the electrical grid.

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