China to establish coal capacity reserve system by 2027
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 articles
Hall of Fame outfielder Ken Griffey Jr. to lead Indianapolis 500 field in Corvette pace car
INDIANAPOLIS (AP) — Hall of Fame outfielder Ken Griffey Jr. will drive the pace car for the 108th ru2024-05-21Alvarez and Singleton hit long homers in the 1st inning to help Astros avoid being swept by Yankees
NEW YORK (AP) — Yordan Alvarez and Jon Singleton each hit long homers in the first inning for the Ho2024-05-21Mike Trout decided having surgery was better option than being only a DH
ANAHEIM, Calif. (AP) — Mike Trout decided that having surgery to repair a torn meniscus in his left2024-05-21Apple TV fans sent into a FRENZY over trailer for upcoming thriller starring Jake Gyllenhaal
Thriller enthusiasts are counting down the days until new series Presumed Innocent, starring actor J2024-05-21Independent UN experts urge Yemen’s Houthis to free detained Baha'i followers
CAIRO (AP) — Human rights experts working for the United Nations on Monday urged Yemen’s Houthi rebe2024-05-21Jeremy Allen White shares a FIRST LOOK of The Bear's third season
Jeremy Allen White shared a first look of the highly-anticipated third season of his hit culinary dr2024-05-21
atest comment