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Coal prices to be stable with inventory only meeting 13-day normal consumption

On August 20th, China major power plants’ coal inventory hit the three-month low and they would launch restocking activities in September. Therefore, coal prices will not plunge in the short run.

08-28-2017 14:14:43

Power plants increased daily coal consumption, but procurement slowed down

Coal supply and demand stabilized in producing regions. Coal mines’ sales in Erdos kept at above 1.2 million mt; coal supply in Shaanxi continued growing. As of July 6th, Shaanxi 199 mines were in production with output averaging 1.3444 million mt/d, gaining 4,500 mt/d on the week.

07-14-2017 17:56:07

Why did daily coal consumption of power plants grow in slack season?

In the slack season of coal consumption in April and May, 2016, affected by the dropping civil electricity load and the flagging industrial power, daily coal consumption of power plants fell sharply, while it did not see a sharp decline in April, 2017 from that in February and March.

04-26-2017 10:13:09

Daily coal consumption in coastal power plants sees a marked decline

Up to April 6th, coal inventory in the six major coastal power plants amounted to 9.6393 million mt, which was able to 18 days of usage, and daily consumption totaled 522,000 mt.

04-11-2017 10:31:04

Coking coal market may start with dropping steam coal consumption in power plants

In April, with the end of heating period, downstream power plants stepped into overhaul stage and the falling run rate of unit decreased coal consumption. Up to April 6th, the daily steam coal consumption in six major coastal power groups declined to 522,000 mt.

04-07-2017 18:20:15

Power plants’ coal inventory keeps dropping with steady daily consumption

The daily coal consumption at coastal power plants operated steadily at around 650,000 mt with coal inventory keeping falling over March 3rd-9th, 2017. The average coal consumption at six large coastal power plants read 652,000 mt/d, down by 1.2% MoM

03-13-2017 16:09:12

China domestic energy consumption rose by 1.4% in 2016

The National Energy Administration (NEA) announced that China's energy consumption increased by 1.4% in 2016 to 4.36 Gtce, at the same pace as in 2015. It is 0.9% above what the Administration forecasted last year for 2016.

01-06-2017 09:42:59

Natural gas' ratio in energy consumption to reach 10% by 2020

Under the 13th five year plan, share of non-fossil fuel in the energy structure will be raised to over 15% and that of natural gas to 10% by 2020, noted Nur Bekri, director with the National Energy Administration (NEA).

12-28-2016 15:06:21

NEA: Coal's share in energy consumption to fall to 60% in 2017

Under the NEA's guidance on 2017 energy work, China's energy consumption shall be controlled at 4.4 billion tce, with non-fossil fuel's and natural gas' ratio to be lifted to 14.3% and 6.8% respectively and coal's ratio to be cut to about 60%.

12-28-2016 13:57:48

Coal consumption in modern coal chemical sector to reach 120 mln Mtce by 2020

Coal consumption by the modern coal chemical sector will reach 120 million Mtce by 2020, and its share in total coal consumption will gain to 5%-6%.

07-12-2016 17:17:15

China to cut coal consumption, lift clean energy share by 3%-5% by 2020

Energy restructuring is needed in China’s overall economic structural transformation. China will continue to trim coal consumption and aims to lift the share of clean energy by 3%-5% in the next five years.

06-28-2016 17:21:01

Hubei province's electricity consumption is likely to hit a new high

Reportedly, power supply and demand will be basically in equilibrium during summer in Hubei, and a power consumption peak is to occur in early or mid-August.

06-24-2016 16:36:50

NEA: China social electricity consumption up by 2.1% in May 2016

According to the National Energy Administration (NEA), China’s social electricity consumption amounted to 473 billion KWH in May 2016, with a yearly growth of 2.1%.

06-16-2016 11:16:46

NEA: April electricity consumption increases by 1.9% YoY to 456.9 bln KWH

According to the National Energy Administration (NEA), China’s social electricity consumption amounted to 456.9 billion KWH in April, with a yearly growth of 1.9%.

05-18-2016 15:22:00

Wang Xianzheng: China coal consumption to reach 4.3 billion mt by 2020

By 2020 and 2030, China’s total energy consumption will arrive at 5 billion mt and 6 billion mt respectively, with about 270 million mt and 750 million mt coal to be replaced by new and renewable energy.

04-25-2016 15:45:01

NEA: Social electricity consumption gains by 5.6% YoY to 476.2 bln KWH in March

According to the National Energy Administration (NEA), China’s social electricity consumption reached 476.2 billion KWH in March 2016, rising by 5.6% YoY.

04-19-2016 14:38:46

China power consumption returns to a positive growth in November

According to the National Energy Administration, China’s social electricity usage rose by 0.6% on the year in November, versus a growth of minus 0.2% in the former two months.

12-17-2015 16:37:20

Heilongjiang to curb coal consumption & promote coal clean usage

Reportedly, Heilongjiang province will speed up energy structure adjustment and control coal consumption across the province, while promoting clean energy utilization. It aims to realize a negative growth in coal consumption in Harbin, Hegang, Qitaihe and other major cities by the end of 2017.

12-08-2015 17:05:03

Coal chemical products likely to eye consumption tax down by 30%

Relevant authorities are studying preferential tax policy and a 30% cut in consumption tax on such products.

09-29-2015 16:39:00

China's consumption of non-fossil energy will reach 15% by 2020

As a developing country, China consumed 4.26 billion metric tons of stand coal equivalents in 2014, 66% of which was coal. It attaches great importance to the development of renewable energy and boasts of 450 million kilowatt installed capacity using renewable energy.

07-15-2015 17:21:52

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