Recently, the National Development and Reform Commission issued the notice on further improving the coal market price formation mechanism (hereinafter referred to as the notice). The notice specifies the reasonable range of coal price and proposes that the tax included price range of coal (5500kcal) in Qinhuangdao port in medium and long-term transactions is 570-770 yuan per ton. In addition, the notice also clearly stipulates the medium and long-term coal trading price range in the three major coal producing areas of Shanxi, Shaanxi and Inner Mongolia. A stable coal price will help the transformation of coal power in the short term and provide a transition guarantee for the smooth transformation of low-carbon energy.
This paper first analyzes the internal and external driving forces of coal power transformation, then analyzes that the release of the notice is conducive to the stability of coal price, so as to speed up the coal power transformation. Finally, this paper analyzes that this coal price regulation will not hinder the development of green power.
