China's Rains Arrive at Critical Moment for Coal and Dam Sectors
The heavy rains rolling though southwestern and central China are filling up the rivers and reservoirs that feed the country's mighty dams, posing another threat to the coal market that competes with hydropower in electricity generation.
The storms are expected to last through at least early next week, the latest downpour of a rainy season that peaks between June and August. The major hydropower regions of Yunnan and parts of Sichuan and Guizhou are set for as much as 250 millimeters (10 inches) of precipitation during the period, some 20% to 70% more than average, according to the China Meteorological Administration.
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