Prolonged drought in China’s Yunnan province likely to worsen hydropower shortage
China’s Yunnan province, the country’s second largest hydropower producer after Sichuan, has been facing a prolonged drought that could worsen in coming weeks, forcing it to ration power supply to domestic industries and neighboring provinces, according to market participants, government announcements and state media reports. Yunnan exports hydropower to coastal provinces like Guangdong and Guangxi, and a drop in supply…