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:2024-05-21 14:13:16 source:Stellar Stories 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
  • Independent UN experts urge Yemen’s Houthis to free detained Baha'i followers
  • Alaska Airlines has brief ground stop due to technical issue
  • Bond denied for 4 'God's Misfits' defendants in the killing of 2 Kansas women
  • Bond denied for 4 'God's Misfits' defendants in the killing of 2 Kansas women
  • Shooting injures 2 at Missouri high school graduation ceremony
  • The Montreal Canadiens have exercised the option on coach Martin St. Louis' contract
  • How the US failed to stop a Cambodian monkey ‘smuggling conspiracy’ — Radio Free Asia
  • Owner of ship in Baltimore bridge collapse asks cargo owners to help cover salvage costs
Recommended content
  • Inquiry slams UK authorities for failures that killed thousands in infected blood scandal
  • Pentagon leaders press Congress for Ukraine funding, saying battlefield situation is dire
  • Disneyland performers file petition to form labor union
  • House prices fell 0.2% in last year, official figures report
  • Analysis: Larson enters conversation with Verstappen as best drivers in the world
  • Alaska Airlines has brief ground stop due to technical issue