The forthcoming increase in China's peak retail tariff will help to address the widening peak-trough power supply gaps that result from the increasing share of intermittent sources in power generation, says Fitch Ratings. This may also spur development in demand-side storage, which would improve the cost efficiency of large commercial and industrial (C&I) power users, while reducing pressure on grids to manage peak loads. The rising share of renewables in China's power-generation fuel mix has led to widening peak-trough load differences, which, if unadjusted, may lead to severe power shortages when consumption ... (full story)