On September 16, the National Development and Reform Commission (NDRC) website published the national electricity and coal price index in August 2019. In August, the price index of electricity and coal in China was 486.79 yuan/ton, down 0.27% annually and 6.82% year-on-year.
In terms of provinces, Guangxi, Jiangxi and Hunan ranked the top three in the price index of electricity and coal in August, which were 674.13 yuan/ton, 646.51 yuan/ton and 627.98 yuan/ton, respectively. The ring-to-ring ratio decreased by 0.22%, 1.19%, 2.36%, 5.43%, 6.39% and 7.29% respectively.
In August, Xinjiang, Mengxi and Mengdong ranked the second three in the price index of electricity and coal, which were 262.63 yuan/ton, 279.57 yuan/ton and 281.52 yuan/ton, respectively. The ring-to-ring ratio increased by 5.75%, 5.96%, 3.79%, respectively, and increased by 14.52%, 2.37% and 23.39% year-on-year respectively.
From the first three situations of ring-to-ring increase and decrease, the biggest price areas of coal price reduction are Shaanxi (-5.04%), Hunan (-2.36%) and Henan (-2.18%); the biggest price areas of coal price increase are Jilin (7.28%), Mengxi (5.96%) and Xinjiang (5.75%).
From the first three cases of year-on-year increase and decrease, the biggest price areas of coal price reduction are Henan (-15.88%), Hainan (-13.05%) and Shanghai (-12.76%). The biggest price areas of coal price increase are Mengdong (23.39%), Xinjiang (14.52%) and Heilongjiang (2.52%).
Among the 31 provinces and cities monitored (excluding Beijing), prices in Shaanxi, Hunan, Sichuan and other 16 regions have declined in varying degrees, and the range of downward provinces and cities has expanded to less than 21.47 yuan/ton; prices in the other 15 regions have all risen, with an increase of less than 38.4 yuan/ton. Coal prices in Shanxi, Mengxi and Eastern Mongolia increased in the main coal producing areas. Shanxi coal price index in August was 351.27 yuan per ton, up 0.57% compared with July and down 5.35% compared with the same period last year. In August, the coal price index in Shaanxi fell. Among them, the coal price index of Shaanxi in August was 404.62 yuan/ton, which was 5.04% lower than that of July and 1.88% lower than that of the previous year.
In August, the national power coal market shocked and fell. After half a year's safety inspection, restrictive measures such as coal pipe tickets in the main producing areas of power coal have been relaxed, and a certain degree of overproduction has been tacitly allowed, which makes the supply of power coal relatively loose in the earlier period; coupled with the arrival of high-quality Shanxi coal to Hong Kong, alleviating the market of low-sulfur and high-calorie coal sources, the overall supply of power coal is relaxed. The daily consumption of the power plant is basically maintained at about 750,000 tons, and the inventory has decreased, but the enthusiasm for purchasing is still low, which leads to the fluctuation of coal prices.
Datang Group's thermal power plants applied for bankruptcy liquidation in the first half of the year. It is estimated that this may be the beginning of shuffling in thermal power industry. According to industry analysis, the loss of thermal power is mainly due to the rising price of raw materials and the falling price of electricity. On the one hand, coal prices have continued to rise in recent years. In the first half of the year, coal storage in power plants in China was generally at a high level, and the supply of electricity and coal was generally balanced. However, due to coal mine safety accidents, safety production supervision, highway overload transport control and other factors, the supply of electricity and coal in some areas is tight, and the price of electricity and coal fluctuates at a high level. On the other hand, since the reform of electric power system was carried out in China in 2015, power generation enterprises have been the first to be affected. In order to obtain power generation indicators, thermal power enterprises have adopted low electricity prices to seize market share, and the reduction of market electricity prices is generally more than 30%. Moreover, a large part of the thermal power plants in the northern region are cogeneration of heat and power. The constant heat price pressure for many years reduces the profit margin of enterprises.
Several enterprise leaders indicated that the fundamental cause of thermal power loss was the imbalance between supply and demand. In recent years, although the growth rate of thermal power installation has slowed down, wind power and photovoltaic are developing in a blowout mode, and the electricity market has not been increased accordingly. Moreover, thermal power and clean energy are in a state of exhaustion in the competition. The report of ITU shows that in the first half of this year, China's nuclear power, wind power, solar energy and hydroelectric power generation have double-digit growth rates, but the thermal power generation has only increased by 0.2 percentage points compared with the same period of last year. According to the management of China's electric power enterprises, based on the current attitude towards the survival and development of coal and electricity, Happy is doomed to be sad, after all, clean. Energy is the direction of future development, and the era of thermal power being proud and leading has gone forever. Only by facing up to the reality can we find the right orientation and deal with the difficulties and problems in development calmly. Otherwise, they will be in a hurry, rush to medical treatment, and lose the opportunity of transformation. From a different point of view, the "no pole" of coal-fired power industry may be "Tailai". First of all, China's resource endowment determines that the dominant position of coal and electricity will not change in a short time. It is unrealistic to abandon coal completely in the power structure.
Secondly, the relationship between clean energy and coal-fired power is not a zero-sum game, and the strong support of coal-fired power is indispensable for the healthy, efficient and sustainable development of new energy. With the continuous progress of energy saving and emission reduction technology in thermal power, who dares to assert that coal power is not clean energy?
Now the problem is exactly how to stabilize coal power production and operation, phase out backward coal power production capacity, let space for the orderly development of new energy, rather than the new energy industry rushing up, forcing the coal power industry to stand on the sidelines.
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