China plans emergency coal stockpile
The Government of China is planning to amass a 5 million t emergency stockpile of coal. According to the China Economic Herald, the Government has asked top producers, including Shenhua Eenergy, to begin stockpiling to help alleviate bottlenecks that limit the available supply during peak demand seasons.
A 5 million t stockpile equates to about 2% of China’s monthly coal output.
Coal fired power produces almost 80% of China’s electricity generation. The country consumes around 3 billion tpa of coal.
Read the article online at: https://www.worldcoal.com/coal/12042011/china_plans_emergency_coal_stockpile/
You might also like
A coal comeback may be taking place in the US
Matt Mackowiak, Director of Government Affairs at Core Natural Resources, comments on the recent signing of four executive orders by US President Donald Trump that will help propel the use of coal.
