Bloomberg Electricity prices surged to a fresh record as France scrambled to keep its lights on, sucking up supplies from the rest of Europe. France, usually an exporter of power, is boosting electricity imports and even burning fuel oil. The crunch comes after Electricite de France SA said it would halt four reactors accounting for 10% of the nation’s ...

  Bloomberg Chinese solar companies are gradually shifting the country’s solar supply chain away from Xinjiang as the US increases its scrutiny of the region. Daqo New Energy Corp, which operates a massive polysilicon factory in the western China region, announced it would build a second, larger facility in Inner Mongolia. That’s part of a broader movement. Just 15% of ...

  A few months ago, it looked like a cascading global power crunch was about to turn back the tide of the energy transition. In China, shortages of coal drove prices of solid fuel to 1,908.20 yuan per metric ton ($299.29), leading to power cuts and industrial shutdowns as generators refused to sell fixed-tariff power at a loss. In Europe, ...