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Issue
10/2016
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Hinkley Point C Hinkley Point C
London Somerset County
Hinkley A
Hinkley B
A Built in 1957 and closed in 2000
B Built in 1976 and now under use
To be built
Hinkley Point C Construction cost: 18 billion pounds (158.58 billion RMB) A power station with the world’s highest construction cost
NO1 First power station to be built in UK
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Table 1│China’s coal price response mechanism Response levels
Response trigger conditions
Response stop conditions
Level-3 response
Coal price rises to 460 Shanxi, Shaanxi, Inner Average daily output Coal price falls to 460 yuan or more, rising for M o n g o l i a , 5 3 c o a l increases by 200,000 yuan two weeks mines tonnes
Level-2 response
Coal price rises to 480 yuan
Shanxi, Shaanxi, Inner Average daily output Coal price falls to 470 Mongolia, Shandong, increases by 300,000 yuan Henan, Anhui, Jiangsu, tonnes 66 coal mines
Level-1 response
Coal price rises to 500 yuan
Coal price falls to 490 yuan, falling for two 74 mines nationwide weeks
Source: Public data (Note: price refers to Bohai-Rim steam-coal price)
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Response scope
Response result
Average daily output increases by 500,000 tonnes
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Table 1│Debt balances with seven coal miners in Shanxi province (Unit: billion yuan) Name
End-H1, 2016
End-Q1, 2016
End-2015
Shanxi Coking Coal Group
210.708
207.01
205.579
Datong Coal Mine Group
223.424
227.477
219.209
Lu’an Group
160.528
160.49
160.374
Yangquan Coal Industry Group
175.5
176.1
176.5
Mining Group
176.932
177.802
175.149
Jinneng Group
183.845
181.984
180.856
Shanxi Coal Imports and Exports Group
67.733
71.704
70.825
Total
1,198.67
1,202.567
1,188.492
Shanxi Jincheng Anthracite
Source: Public data
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