Tianjin Xinyue Industrial and Trade Co., Ltd.
Tianjin Xinyue Industrial and Trade Co., Ltd.
Home > News

Ensuring a stable supply of energy this winter and next spring

Oct. 12, 2021

On September 29, the responsible comrade of the Economic Operation and Regulation Bureau of the National Development and Reform Commission pointed out when answering a reporter's question on energy supply this winter and next spring that my country's coal consumption has exceeded expectations and supply and demand are tight. The National Development and Reform Commission has always regarded coal supply in the heating season as an important work for people's livelihood, and it has made every effort to increase production and supply under the premise of ensuring safety. Guide major coal-producing areas and key enterprises, scientifically formulate production plans, and safely and effectively release advanced production capacity. Further nuclear increase and production of high-quality production capacity. Support qualified coal mines with high-quality production capacity to release advanced production capacity.

Ensuring a stable supply of energy this winter and next spring

At the same time, the National Energy Group held a party group meeting to study energy supply guarantee work, requiring efforts to stabilize production and supply and price. Coal production units strictly implemented the national guarantee supply requirements, and arranged production in the fourth quarter according to 1/4 of the annual approved production capacity. Fully reach production and increase supply with all efforts.


On September 29, Shanxi signed contracts with 14 provinces (autonomous regions and municipalities) including Hebei, Shandong, Jiangsu, Zhejiang and Tianjin to guarantee the supply of coal in the fourth quarter. While Liaoning signed contracts with Shanxi for 3.5 million tons of coal resources, it increased the province’s coal production and coal storage efforts, and required all localities to ensure that the heating coal storage reached 60% before the opening of the bolt, 80% before New Year’s Day, and 100% before the Spring Festival. 


On September 30, the China Coal Industry Association and China Coal Transportation and Marketing Association issued a notice on further ensuring the supply of electricity and coal, clarifying that enterprises should give priority to ensuring long-term contract resources for power generation and heating users. In principle, the fourth quarter should follow Not less than 1/4 of the annual contract volume will be honored, and the performance rate of the signed power coal long-term agreement contract will reach or exceed 100% in the fourth quarter.


Financial support for coal and power companies is also increasing. On October 6, the China Banking and Insurance Regulatory Commission issued a relevant notice, requiring that the reasonable financing needs of coal-fired power, coal, steel, non-ferrous metals and other production enterprises be guaranteed, and bancassurance funds should be strictly prevented from affecting the normal order of the commodity market. It is strictly forbidden to misappropriate credit funds or bypass financial management, trust and other methods, illegally participate in the speculation of coal, steel, non-ferrous metals and other commodities, and make huge profits.


Hot Products

CONTACT US
Request a Quote