Guizhou Province Explicates the Guiding Principle of Electric Coal and Electricity Subsidy Principles for Promoting Coal Power Protection of Thermal Power Enterprises

In response to the continued tension in the province's power coal security since the introduction of coal power interim emergency interventions in Guizhou Province, in the afternoon of October 13, the chief of the Guizhou Provincial Economic and Information Technology Commission convened the power generation of Guodian, Huadian, China Power Investment, Datang, etc. in Guiyang. The person in charge of the enterprise group further clarified the relevant issues in the operation of the new coal-fired coal-fired power plant, requiring the power generation enterprises and coal mining enterprises to negotiate the price of thermal coal independently, but the coal mine pit price limit is 550 yuan per ton (heat value is 5,000 kcal ) The government will intervene in the price of coal exceeding RMB 550/tonne; the subsidy standard for power generation of thermal power companies shall not be less than 5 cents/degree, and the cost of procuring coal for coal-fired power companies will be realistically accounted for in the near future to promote The province's coal reserves have greatly improved in the short term.

The reporter learned from the provincial Economic and Information Technology Commission that in the face of this year's severe drought in the province, where hydropower has basically lost its peak-sharing and peak-to-peak capabilities, the province’s power guarantees are supported by thermal power alone, and it is necessary to complete 6 million tons of coal reserves at the end of the year. The task is very difficult. Since September 29th, the province's power coal protection work conference, the province's thermal power companies and coal mining companies in the early stage of the operation of the new coal power mechanism, waited on the price of coal, hesitation and excessive caution, leading to thermal power companies There is no significant increase in the amount of coal, which has a great impact on the province's coal inventory. In response to this grim situation, the provincial Economic and Information Technology Commission has strengthened the publicity of the new coal power mechanism and urged local governments, provincial power generation companies and coal mining companies to fully understand and implement the new coal power mechanism and related policies. Efforts to promote the gradual marketization of electric power in the province; on the other hand, continue to implement relevant administrative intervention measures, adopt incentives and penalties, and impose economic penalties on some power generation companies that still have strong reliance on ideas and cannot complete the task of depositing coal for coal power in accordance with schedules. The power generation enterprises that have exceeded their coal storage capacity will be rewarded and subsidized.

The provincial Economic and Information Technology Commission pointed out that regional interventions in the province have to some extent hampered the pace of the marketization of coal in the province, and that the various power generation companies and coal mining companies in the province have been ignorant of their understanding of coal prices. The stalemate will inevitably affect the overall situation of coal power protection and economic stability in the province. At this stage, it is proposed that the coal and electricity companies should negotiate prices independently, and the maximum price of electric coal pits should not exceed 550 yuan/ton; the subsidy standard for power generation of thermal power enterprises should not be less than 5 points/degree, and the cost of coal procurement in the near future should be calculated. Actual accounting further guides the province's coal sales price and power generation subsidies price, which is of great significance to guarantee the province's power coal and strengthen the regulation of operation. The Provincial Economic and Information Technology Commission also pointed out that local governments must have a little more awareness of the marketization of coal in the province, power generation companies and coal mining companies must have a little more awareness of social responsibility, and in the near future, form a new negotiation and cooperation relationship between coal and electricity companies. We will work together to ensure coal power protection and promote the steady and rapid economic development of the province.