China Is Racing to Build Coal Storage Capacity as Prices Soar
- NDRC wants bigger reserves to help boost energy security: CCTD
- Mine supply is being hit by new safety drive after fatalities
A coal fleet along the Beijing-Hangzhou Grand Canal in Huai 'an, Jiangsu Province, China.
Photographer: Costfoto/Barcroft Media/Getty Images
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China’s authorities are accelerating efforts to build infrastructure to store reserves of coal after southern cities endured a new power crunch and with prices of the fuel still stubbornly high.
The coal sector must improve mechanisms to store supply and speed up construction of reserve capacity, Xu Wenbin, an official from China’s state planning agency, the National Development and Reform Commission, said at a meeting in Jining city, Shandong province, according to a CCTD report.