Nation eyes coal capacity reserve system
China aims to establish a coal capacity reserve system by 2027 and achieve a capacity reserve of 300 million metric tons per year for coal that can be dispatched by 2030, said a draft statement released by the country's economic regulator for public comment on Wednesday.
The move is to ensure energy security through more flexible coal supplies at peak times of power use, in the context of a significant increase in grid-connected renewable energy that is characterized by its intermittent nature, experts said.
According to the draft released by the National Development and Reform Commission, coal mines that can apply for the construction of reserve capacity should be newly approved or under construction with national authorization. The designed production capacity of these mines should not be less than 3 million tons per year each.