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China's Power Demand Hits Records As Heatwave Grips Key Regions
China's Power Demand Hits Records As Heatwave Grips Key Regions
By Irina Slav of OilPrice.com
Electricity demand in much of China hit a record this week due to scorching summer temperatures, driving grid loads to all-time highs, the State Grid Corporation of China said today, as cited by Reuters.
On Monday and Tuesday, the company said, electricity loads reached a record in the country’s northern, northeastern, and eastern regions. No blackouts have been reported, however, as the grid operator moves in time to direct more baseload electricity where it is needed for...
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Sep 13, 2026 / Dave DeCamp
US Bombs Somalia for 81st Time This Year
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Feb 20, 2026 / Tyler Durden
"We Saw It. We Passed": Blue Owl Fails To Secure Third Party Funding For $4 Billion Data Center
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As we discussed extensively yesterday, Blue Owl already has huge headaches with its software exposure, being forced to dump a substantial amount of its SaaS-linked loans (to related parties among others) as it gates retail investors in its private credit fund amid a tsunami of redemption requests. We now learn that the massive private credit asset manager is also facing major hardware challenges too.
According to Insider, Blue Owl - which is also...
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