State Council Executive Meeting: Correcting "one-size-fits-all" production stoppage and production limit or "movement-style" carbon reduction

The State Council executive meeting held on October 8 further deployed the supply of electricity and coal this winter and next spring to ensure the basic life of the masses and the smooth operation of the economy
.
The meeting clarified that under the premise of maintaining the stability of electricity prices for residents, agriculture and public welfare undertakings, the fluctuation range of market transaction electricity prices will be adjusted from no more than 10% and 15%, respectively, to no more than 20% in principle.
Classified adjustment, for high energy-consuming industries, the price can be formed by market transactions, and is not subject to the 20% increase
.

In the context of tight power supply, power cuts have occurred in many places across the country recently
.
The meeting pointed out that since the beginning of this year, energy prices in the international market have risen sharply, domestic electricity and coal supply and demand have continued to be tight, and various factors have led to power outages in some places recently, affecting normal economic operation and residents' lives
.

In view of the situation that the supply and demand pressure of electricity and coal is still relatively large this winter and next spring, the meeting emphasized that ensuring energy security and ensuring the stability of the industrial chain and supply chain are important contents of the "six guarantees".
Market-oriented means and reform measures ensure the supply of electricity and coal
.

First, we must adhere to the priority of people's livelihood, ensure the livelihood of the people and the energy used for heating in winter, and ensure that coal is used for power generation and heating, especially in the northeast region in winter
.
Strengthen the gas supply for people's livelihood, and organize the "south gas to the north" in a timely manner to increase the heating gas in the northern region
.

Second, on the premise of ensuring safe production, we should promote coal mines with the potential to increase production to release production capacity as soon as possible, speed up the commissioning of approved and basically completed open-pit coal mines, and promote the rectification of coal mines that have stopped production for rectification in accordance with laws and regulations, and resume production as soon as possible
.
The transportation department should give priority to ensuring coal transportation and ensure that the coal produced is delivered to the place where it is needed in a timely manner
.

Third, we must support coal-fired power companies to increase power supply
.
In response to the difficulties faced by coal power companies, a phased tax deferral policy will be implemented to guide and encourage financial institutions to ensure reasonable financing needs such as coal purchases by coal power companies
.

Fourth, reform and improve the market-based formation mechanism of coal and electricity prices
.
Orderly promote all coal-fired power generation into the power market, and on the premise of maintaining the stability of electricity prices for residents, agriculture, and public welfare undertakings, adjust the range of market transaction electricity prices from not more than 10% and 15%, respectively, to in principle The price should not exceed 20%, and the classification adjustment should be done well.
For high energy-consuming industries, the price can be formed by market transactions, and it is not subject to the 20% increase
.
Encourage local governments to implement phased preferential policies for electricity consumption by small and micro enterprises and individual industrial and commercial households
.

Fifth, we must accelerate the construction of large-scale wind power and photovoltaic bases in the desert and Gobi desert areas, and accelerate the construction of emergency backup and peak-shaving power sources
.
Actively promote the construction of coal, natural gas, crude oil reserves and energy storage capacity
.

Sixth, we must resolutely curb the blind development of "two high" projects
.
Improve the dual-control mechanism for local energy consumption, and promote that new renewable energy consumption is not included in the total energy consumption within a certain period of time
.
Promote the implementation of energy-saving and carbon-reduction transformation in key areas, and vigorously promote the conservation and utilization of coal in major coal-consuming industries
.

Yang Jun, a senior engineer at Beijing Institute of Petrochemical Technology, believes that coal is an important basic energy source in China at present.
Coal price fluctuations have an important impact on the security of power supply in China.
Flexible and diverse market-oriented means can give full play to the autonomy of power generation and electricity consumption.
and positivity
.

"The electricity price mechanism is a key link in the energy market mechanism
.
For the power generation side, a more flexible market-based electricity price formation mechanism can increase the enthusiasm of power generation enterprises and ensure the safety and stability of power supply; for the power consumption side, use a higher floating rate Electricity prices prompt high-energy-consuming industries to compensate for the cost of coal and electricity, guide them to improve energy efficiency, and use lower floating electricity prices to motivate production entities with low energy intensity to further save energy and increase efficiency
.
” Yang Jun said that appropriately increasing the range of fluctuations in market transaction electricity prices will ensure the Electricity security and the promotion of low-carbon energy transition are of great significance
.

The meeting demanded that the responsibilities of all parties to ensure energy supply and safe production should be consolidated
.
Adhere to seeking truth from facts and strengthen overall planning
.
All localities should strictly implement their territorial management responsibilities, do a good job in orderly management of electricity consumption, correct the "one-size-fits-all" production stoppage and limit production or "exercise" carbon reduction in some places, and oppose inaction and chaotic behavior
.
Major coal-producing provinces and key coal enterprises should implement the tasks of increasing production and supply as required
.
Central power generation enterprises should ensure that the thermal power units they belong to should be fully generated
.
Power grid enterprises should strengthen power operation scheduling and safety management
.
Those who fail to implement the responsibility for ensuring energy supply must be severely held accountable
.