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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.