Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap China to establish coal capacity reserve system by 2027 !

China to establish coal capacity reserve system by 2027

Time:2024-05-08 17:49:00 source:Global Grasp news portal

China vowed to set up a coal capacity reserve system by 2027, aiming to secure energy security through more flexible coal supplies, according to plans the country released Friday.

By 2030, the country will strive to attain a yearly coal capacity reserve of 300 million tonnes that are dispatchable and improve the capacity and flexibility of coal supplies, according to a document jointly released by the National Development and Reform Commission and the National Energy Administration (NEA).

The establishment of the coal capacity reserve system will enable the rapid release of coal production capacity in extreme situations, such as severe fluctuations in the international energy market, adverse weather conditions, and dramatic changes in supply and demand stability, guaranteeing sufficient coal supply in these circumstances, according to an official with the NEA.

The system can also better leverage coal-fired power's underpinning role in power generation, promote the high-quality development of new energy, and facilitate the green and low-carbon transformation of the energy industry, the official added.

Coal has long been China's mainstay fuel. China mined 4.66 billion tonnes of coal last year, up 2.9 percent from the previous year, reaching a record high.

The coal capacity reserve is only reserved for extreme situations and remains inactive under normal conditions, according to the NEA. 

Related information
  • Hubei vows to boost high
  • Panicked pro
  • Huge change to NHS prescriptions kicks in today as pharmacists warn of a 'dark day' for patients
  • AAPI Heritage Month: The origin and what it means
  • New Mexico high court upholds man's 3 murder convictions in 2018 shooting deaths near Dixon
  • UNC's RJ Davis is returning to school for a 5th season. He was an AP 1st
  • Kremlin parades Western equipment captured from Ukrainian army at Moscow exhibition
  • Red Bull chief technical officer Adrian Newey to step down from F1 team
Recommended content
  • Former head of one of China's top state
  • NHS breached mixed
  • Trump awarded 36 million more Trump Media shares worth $1.8 billion after hitting price benchmarks
  • Panicked pro
  • Badosa shows signs of her old form in a win over Andreeva at the Italian Open
  • Terrified little girl, 3, told mom and dad there were monsters in her bedroom... it was 60,000 BEES