How did China Shenhua achieve energy security in 2023?

In 2023, China Shenhua insisted on energy security through coal business. Long-acting energy supply mechanism in normal state was consolidated and expanded. High-quantity and stable coal production sustained. The annual commercial coal yield reached 324.5 million tonnes, 3.5% up year on year.

What is Shenhua Group?

The Shenhua Group is the only company to have had government support, small-scale successful experiments, and secure funding for building a coal liquefaction plant.

What is China Shenhua thermal coal?

Thermal coal is the dominating coal product manufactured and sold by China Shenhua. In 2023, China Shenhua insisted on energy security through coal business. Long-acting energy supply mechanism in normal state was consolidated and expanded. High-quantity and stable coal production sustained.

What is Shenhua direct coal liquefaction project?

The Shenhua direct coal liquefaction project is of strategic significance to China’s national energy security and structural adjustment of the country’s primary energy mix. It is a project of national importance and a vital component of the Program of Development for the Western Regions of China (xibu da kaifa).

What did China Shenhua do in 2023?

China Shenhua vigorously broadened renewable energy business channels and added investments. In 2023, land resources were utilized to the utmost extent, such as waste dump of open-pit mines, reclamation areas and idle land along the railways, where photovoltaic projects were invested and built.

Who is the successor of Shenhua Group?

The current president of Shenhua Group, Mr Chen Biting, was nominated as his own successor (Shenhua Group, 2003 ). The direct 17 July coal liquefaction project was immediately suspended pending a BDED review, despite the establishment of China Shenhua Coal Liquefaction Co. Ltd.