China to accelerate approval of new coal projects to ensure energy supply
05 Jan 2023
China reiterated its focus on energy security
on Wednesday, vowing to ensure the supply of energy and electricity, coordinate
resources and accelerate approval of new coal projects, while asking coal
enterprises to expand production as peak season approaches.
Power generation companies should store more
high-quality coal to ensure power generation during peak times, and leading
groups should coordinate resources to support affiliated power plants in
Southwest and Northeast China to make full use of their capacity, and help fill
the gap in local power supply and heating, according to a report from the China
Securities Journal on Wednesday, citing information from the State-owned Assets
Supervision and Administration Commission of the State Council.