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by yogenpro
3081 days ago
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Well definitely not perfectly coincided. In fact in dry seasons some went to Inner Mongolia where coal is cheap and coal power stations' output is much stabler... That part indeed is a waste :\ Some sources: https://www.washingtonpost.com/world/asia_pacific/in-chinas-... His latest mine is still under construction, between a hydroelectric power plant and the concrete shell of a disused power transmission station, between Kongyu and the city of Kangding. As China’s economy boomed, private companies set up hydroelectric plants in western Sichuan; then, as the economy slowed, they found themselves unable to sell to the national grid, elbowed out of the market by more politically powerful state-owned firms. “It took a lot of money to build the plants, but it doesn’t cost that much to maintain them,” said HaoBTC’s Mu. “So it makes sense for them to sell the power to anyone willing to buy, even at a low rate.” Also: https://news.bitcoin.com/brief-glimpse-lives-chinese-bitcoin... http://en.people.cn/n3/2017/0223/c90000-9181806.html |
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