China Moves to Stabilize Long-Term Coal Supply and Prices ...Middle East

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China Moves to Stabilize Long-Term Coal Supply and Prices
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China’s top economic planning body has finalized plans to create a reserve system for coal production by 2027 to avoid new shortages and ensure stable supply and prices.      China aims to have 300 million metric tons of annual “dispatchable” coal production by 2030, according to the plan from the National Development and Reform Commission (NDRC).   In 2021, when China was hit by blackouts, the world’s second-largest economy set a goal to have coal reserves stocked at mines, power plants,…

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