Target $18.72, page-5898

1. Le Monde B. Petroleti 8.6.23 (probably relating to big increase in air con use in cities) said

https://www.lemonde.fr/en/asia-and-pacific/article/2023/06/08/vietnam-battles-record-heat-waves-and-power-cuts_6030467_153.html

"Faced with a series of heat waves in April and May, like its Southeast Asian neighbors, Vietnam has been living with power cuts (my emphases) ever since. Electricity is in high demand due to the extreme heat experienced in the north and center of the country – an all-time record of 44.2°C (112°F) was recorded on May 7 in Tuong Duong, in the northern half of Vietnam, not far from the border with Laos. Combined with reduced water levels in dams, the power grid has been under pressure.

At least three major cities – the capital, Hanoi, and the coastal towns of Haiphong and Da Nang – have delayed urban lighting since the beginning of June and reduced or eliminated night-time lighting devices. Hanoi experienced several heat spikes between 38°C and 40°C lasting several days in May, resulting, according to the state-owned Electricité du Vietnam group, in a 22.5% rise in average consumption in the capital compared with April".



2. More power blackouts to occur again in China, due to increased use of air cons?

bloomberg 7.6.23 said

"Sweltering temperatures across China are killing livestock and stretching power grids, an early heat wave that portends another summer of disruption for Asia’s industry and food supply.

The mercury has been rising in nearly every corner of the world’s second-largest economy. In southern regions, electricity demand hit peak levels in late May,a month earlierthan last year, while Beijing in the north is expected to see temperatures hit a high of 37C (98F) on Wednesday. Shanghai broke a 150-year-old record for the highest-ever May temperature last week".

https://www.bloomberg.com/news/articles/2023-06-07/china-s-fatal-heat-shows-risks-of-another-scorching-asian-summer#xj4y7vzkg
(Behind paywall- can anyone open, & post full article here please).