Solar Energy News  
China tightens control on runaway coal prices: govt

by Staff Writers
Beijing (AFP) July 25, 2008
Beijing has issued its second order in five weeks to rein in the rising cost of coal used for power generation, after prices increased following the first directive.

The National Development and Reform Commission, the top economic planning agency, issued a statement on Thursday, ordering prices at major ports and distributing centres not to exceed the limits set by the government.

Thermal coal prices actually rose by 22 percent from the levels set by the government when the first cap was announced on June 19, leading Beijing to issue the second order, the Beijing News reported.

For example, the price cap of thermal coal at the Qinghuangdao port in north China was set at 860 yuan (126 dollars) per tonne in June, the statement said.

But prices at the port now stand at up to 1100 yuan per tonne, the Beijing News said.

It said thermal coal prices continued to rise despite the government launching the curbs in June because private coal producers ignored the order as transport costs remained high and demand in summer surged.

A general shortage in coal supply across the country had further undermined the policy.

Officials said in June that the country was expecting a maximum daily power shortage of 10 million kilowatts in summer, when demand spikes as a result of the increased use of air-conditioning.

Related Links




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


Britain trying to water down EU green energy plans: report
London (AFP) July 24, 2008
British negotiators are trying to water down European Union plans to give priority access to green energy sources on national energy grids, The Guardian newspaper reported Thursday.







  • Outside View: India nuke tango -- Part 1
  • Australia looks positively at US-Indian nuclear deal
  • Thorium Power Adds Nuclear Technology Experts
  • Malaysia looking at building its first nuclear plant: report

  • Greenhouse Gases May Be Released As Destruction Of Wetlands Worsens
  • Limes May Help Cut CO2 Levels Back To Pre-Industrial Levels
  • Ontario joins US carbon trading clan
  • Australia's Rudd hits out at critics of carbon trading scheme

  • Japanese sushi rage threatens iconic Mediterranean tuna
  • Chinese farmers' income rises: report
  • UN food agency calls for research on tropical root crop
  • Reclaimed Wastewater Benefits Florida's Citrus Orchards

  • New Population Of Highly Threatened Greater Bamboo Lemur Found
  • Baby boom at China panda centre: state media
  • 90 Billion Tons Of Microbial Organisms Live In The Deep Biosphere
  • Mangroves Key To Saving Lives

  • Russia unveils new spacecraft design
  • Russian Set To Install Soyuz Launch Systems At Kourou
  • NASA Conducts Full-Scale Test Firing Of Orion Jettison Motor
  • NASA in talks for Japanese spacecraft

  • Nuclear Power In Space - Part 2
  • Outside View: Nuclear future in space
  • Nuclear Power In Space

  • GOCE Prepares For Shipment To Russia
  • NASA Works To Improve Short-Term Weather Forecasts
  • ESA To Consult The Science Community On Earth Explorer Selection
  • NASA's Deep Impact Films Earth As An Alien World

  • RT Logic Awarded South Pole TDRSS Relay II Project
  • Big Space Junk
  • APL-Operated Midcourse Space Experiment Ends
  • Tree Branching Key To Efficient Flow In Nature And Novel Materials

  • The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement