Archive for August, 2007

NDRC suggests adjusting power coal prices

China is expected to further deepen the reform to form a standardized and operational mechanism of power-coal pegging prices, according to the National Development and Reform Commission (NDRC).
NDRC said in a report that the present mechanism of the prices for coal used to generate electricity is not perfect, and major contractual prices for power coal [...]

NDRC: China’s coal supply-demand balanced this year

China’s coal supply and demand will continuously maintain balance in general this year, according to the National Development and Reform Commission (NDRC).
NDRC said in a report, Coal Industry Operation Analysis in H1 and Prediction in H2, that the country’s coal output increased 10.1 percent to 1.26 billion tons in the first half of 2007, driven [...]

Greek Shipping Company Helps Satisfy Chinese Appetite For Coal

China dethroned the U.S. last year as the world’s largest emitter of carbon dioxide, a Dutch policy group reports.
Some blame the greenhouse gas for what they call global warming.
This is due in large part to China’s heavy reliance on coal-fired power plants. The nation opens about one plant a week, according to China’s State Environmental [...]

Coal Imports to China Will Surpass 50 Million Metric Tons in 2007

Coal demand in China continues its growth for the eighth year in a row. Latest data from the General Administration of China Customs shows that the import of coal continues to increase and exports continue to decrease in the Chinese coal market in recent years.
Total coal exports in China in the first half of [...]

Taiwan seeks coal-fired power plants to plug shortfall

Taiwan is seeking private companies to invest in the island’s power generation sector with a preference for coal-fired plants, in an attempt to boost supply amid concerns of blackouts that could affect thousands.
Delays in upgrading old power stations, the construction of new plants and additional sub-stations due to opposition from local residents could push the [...]

China’s Suntech eyes plants in U.S. and Europe

Suntech Power Holdings Co Ltd (STP.N: Quote, Profile, Research) expects to build manufacturing plants in the United States and Europe to serve growing demand for solar energy panels, a top official at the China-based company said.
“We are exploring the opportunity to have strategic manufacturing outside of China,” Steven Chan, chief strategy officer for Suntech, said [...]

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