China urges increased coal supply

Watch Video

Play Video

China's energy officials are urging the country's local governments and energy enterprises to increase coal production, in order to ease a tight power supply this summer.

70 percent of China's electricity is generated by coal. Statistics show the country's coal production increased by just over 11 percent from January to May this year, compared with the same period last year. Coal prices at Qinhuangdao port reached 835 yuan a ton in late May, a 90 yuan increase compared last year.

Wei Pengyuan, deputy director-general of Coal Industrial Dept. of Natl Energy Adm., said, "We have basically reached a balance in coal supply from January to May, nationwide. Some regions show signs of tight supplies. We think it's due to an erratic economic structure, extensive economic growth and the demands of high energy-consuming sectors."

China's national energy administration also says more coal mines will be put into production in the future, as well as a new coal transport rail line between Zhangjiakou and Jining.

And as power supply to high-energy consuming enterprises will be controlled in the summer, a nation-wide shortage of coal is unlikely. But authorities warn, coal supplies in southern China may still be tight this summer.

China faces summer power shortage
China's energy authorities say the country faces a tight power supply situation this summer. Full Story>>

Related stories

Editor:Shi Jierui |Source: CNTV.CN


Comments

Popular posts from this blog

Alibaba's Jack Ma expresses Yahoo interest

Shanghai port consolidates its position as world's busiest

Trade surplus falls as export reliance fades