Sichuan coal base begins storage for energy supply

Time:2022-08-30 14:48:11      Source:ChinaDaily.com
Sichuan province's first national-level large-scale coal reservation base recently started storing coal to help ensure the supply of the fossil fuel and guarantee energy security for the province according to Sichuan Coal Industry Group, one of the project's developers.
 
The move came after rising temperatures made power demand soar and dried up reservoirs used to generate electricity in Sichuan and Chongqing.
 
Gaoxing Coal Reservation Base covers an area of 224 mu (14.9 hectares), and officially started construction on March 10 last year. It has a designed coal storage capacity of 600,000 metric tons and an annual throughput of 6 million tons.
 
After being put into use, the reservation base is expected to see revenue of 2 billion yuan ($292 million) within 2 years, according to the Sichuan Coal Industry Group.
Index RMB/t DoD Basis Date
Datong 5500 455 0 ex-mine 07-01
Shuozhou 5200 445 0 FOR 07-01
Ordos 5500 420 0 ex-mine 07-01
Yulin 6200 540 0 ex-mine 07-01
Liulin Low-sulphur 565 0 ex-mine 07-01
Gujiao Low-sulphur 1095 0 FOR 07-01
Xingtai Low-sulphur 1210 0 ex-Factory 07-01
Yangquan PCI 795 0 FOR 07-01
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