BEIJING, Sept.24 (Reuters) – China’s National Energy Administration (NEA) on Friday offered to support oil and coal companies for solar power construction and other clean power generation projects with their current resources.
In a draft set of guidelines on further reform of the energy business environment, the NEA called for the promotion of integrated natural gas electricity and renewable energy projects, as well as the coordinated development of fossil and renewable energies.
President Xi Jinping said this week that China will stop building new overseas coal-fired power plants in Beijing’s latest climate pledge, but fossil fuels still account for the bulk of China’s domestic energy consumption. Read more
The NEA also called for improving the mechanism of long-term contracts between energy companies and large energy users to ensure a stable supply, without specifying what needs to be done.
The energy regulator said the procedures for filing new energy projects should be simplified to promote the low-carbon transition.
“Electricity utilities should strengthen power quality management … effectively reduce the duration, frequency and impact of power outages,” the NEA said.
The plan was released as companies, from metal foundries to fertilizer manufacturers, had to cut production due to power rationing in several parts of China. Read more
It is open for public comment for 30 days.
Reporting by Min Zhang and Tom Daly; Editing by Hugh Lawson
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