Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » China energy body urges support for coal, oil firms to build clean power

    China energy body urges support for coal, oil firms to build clean power

    September 25, 2021
    Share
    Facebook Twitter LinkedIn WhatsApp

    Beijing — China’s National Energy Administration (NEA) on Friday proposed providing support for coal and oil companies to build solar power and other clean energy generation projects with their current resources.

    In a draft set of guidelines on deeper reform of the energy business environment, the NEA called for the promotion of integrated natural gas power and renewable energy projects, as well as coordinated development of fossil and renewable energy.

    President Xi Jinping this week said China would stop building new coal-fired power stations overseas in Beijing’s latest climate pledge, but the fossil fuel still accounts for the bulk of China’s domestic energy consumption.

    The NEA also advocated improvements in the long-term contract mechanism between energy companies and major energy users in order to ensure stable supply, without specifying what should be done.

    The energy regulator said filing procedures for new energy projects should be simplified to promote the low-carbon transition.

    “Power supply companies should strengthen power quality management… effectively reduce the time, frequency and impact of power outages,” said the NEA.

    The draft was released as companies from metal smelters to fertiliser makers have had to reduce production due to power rationing in several Chinese regions.

    It is open to public feedback for 30 days.

    • Reuters (Reporting by Min Zhang and Tom Daly; Editing by Hugh Lawson)
    • Follow us on twitter

    Related News

    Oil prices at risk amid supply increases, demand concerns

    Renaissance briefs FG on 200,000 b/d milestone following Shell asset takeover

    Crude oil prices WTI under pressure from OPEC+

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    Cooking gas costs overshoot N70,000 minimum wage

    June 5, 2025

    Investigate $300m Ogoni fund looted after NNPCL release

    June 5, 2025

    Africa-FX – Most currencies expected to be stable

    June 5, 2025

    CEMAC, APPO and CABEF conclude tripartite agreement for the CAPS project

    June 5, 2025

    HYPREP marks WED with youth-led campaign against plastic pollution in Ogoni

    June 5, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.