Chinese blackouts could power up grid stocks

This photo taken on August 17, 2022 shows people walking down from a escalator as one side of it is stopped to save energy at a shopping mall in Chengdu, in China's southwestern Sichuan province. (AFP) — This photo taken on August 17, 2022 shows people walking down from a escalator as one side of it is stopped to save energy at a shopping mall in Chengdu, in China's southwestern Sichuan province. (AFP)

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2 min read . Updated: 05 Sep 2022, 08:27 PM IST JACKY WONG, The Wall Street Journal

The power shortages in Sichuan—and a continuing renewable power buildout—highlight the need for huge investment in China’s grid

China is further ramping up its already high spending on renewable power just as extreme weather events are demonstrating just how vulnerable the nation’s power infrastructure is. That adds up to further investment in one thing in particular: China’s immense but unwieldy electricity grid.

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