Faced with the continuously rising demand for electricity, China's energy supply capacity is also under severe pressure. As the cornerstone of power supply, coal-fired electricity not only responds quickly to load fluctuations but also builds a solid defense for energy security. In this battle for energy supply assurance, coal power, with its stable and reliable characteristics, once again stands firm as the 'anchor of stability'.
Under the 'dual carbon' goals #01
Coal remains the primary energy source in China
Under the 'dual carbon' goals, emissions reduction and coal are at opposing ends. As a ballast for the energy system and the economy, coal must simultaneously fulfill two tasks: supporting the energy transition while ensuring safety and stability.
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The report of the 20th National Congress of the Communist Party proposed to deepen the energy revolution, strengthen the clean and efficient utilization of coal, accelerate the planning and construction of a new energy system, and actively participate in global governance to address climate change.
Recently, the National Development and Reform Commission and the National Energy Administration issued the 'Action Plan for Low-Carbon Transformation and Construction of Coal Power (2024-2027)', which outlines the coordinated promotion of low-carbon transformation for existing coal power units and the construction of low-carbon new coal power units.
With the continuous push of policies, coal power is entering a new construction cycle.
The installed capacity of coal power has reached a new peak #02
Market demand remains strong
Despite the rapid development of renewable energy sources such as wind and solar power in recent years, their electricity generation is intermittent and unstable, making it difficult to meet power demands during extreme weather conditions like high temperatures. Additionally, the high technological costs hinder large-scale application in the renewable energy generation sector, which also limits the share of renewables in electricity supply.
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Coal power units have high reliability, stability, and response speed, allowing them to generate electricity continuously and steadily under extreme weather conditions such as high temperatures. They can quickly adjust their output to respond to sudden changes in load, meeting the growing demand for electricity.
As of the end of 2023, China's installed capacity of coal power is approximately 1.17 billion kilowatts, accounting for 40% of the country's total installed power capacity. Coal used for power generation accounts for about 60% of the total coal consumption in the country, and carbon emissions from coal power account for approximately 40% of the national total.
China's installed power capacity 2013-2023 (in ten thousand kilowatts)
Data source: China Electricity Council
This series of numbers not only reflects the scale of investment in the coal power sector but also indicates a future growth trend in coal power capacity.
The construction cycle for coal power plants typically lasts about one and a half years, so most of the nearly 200 million kilowatts of approved coal power capacity is expected to be operational by 2024. This means that 2024 will witness a surge in the growth of coal power capacity.
KBSG series explosion-proof mining type #03
Dry transformers have been newly upgraded in response to market demand!
The mining production environment is complex, characterized by harsh conditions such as high temperatures, high pressure, and high humidity, which place extremely high demands on the safety performance of electrical equipment. With 34 years of accumulated experience in the manufacturing industry, CEEG has gained insights into industry trends. Driven by technological innovation and product development, we closely follow market demands. The KBSG series explosion-proof dry transformers have been newly upgraded in response to market needs!
The reliability of the explosion-proof transformer casing during the design and production process is crucial for ensuring the safety performance of mining explosion-proof products. The KBSG series explosion-proof dry transformers from CEEG are based on the company's second-generation patented corrugated casing and innovatively incorporate active heat dissipation pipes, akin to equipping the transformer with an intelligent 'breathing system.' This design achieves efficient zoned heat dissipation, significantly enhancing the device's cooling performance and slowing down the aging process of insulation materials, thereby improving product reliability and stability. Additionally, the top of the KBSG series features an arc-shaped corrugated plate design, which not only increases the heat dissipation area of the casing but also prevents coal dust accumulation, reducing the risk of high temperatures igniting coal dust and further enhancing product safety.
Ensuring safe production and protecting the dignity of life is the original intention behind CEEG's development of explosion-proof transformers. The company continuously focuses on the safety, applicability, and reliability of its products, which has earned it a significant market share and high customer repurchase rates. To date, it has provided over ten thousand explosion-proof transformers to more than 1,000 customers nationwide. These products are widely used in enterprises such as the National Energy Group, Ningxia Coal Industry Co., Ltd., Heilongjiang Longmei Mining Group, Pingdingshan Coal Industry Group, Guotou New Energy Group, Datong Coal Mine Group, Shandong Energy Group, and Henan Yongmei Group.
In today's rapidly changing technological landscape, the ability to keep pace with market demands and continuously introduce new products and technologies is key for companies to maintain competitiveness and achieve sustainable development. Looking ahead, CEEG will continue to uphold its core values of 'foresight, innovation, and responsibility,' actively respond to policy calls, and continuously optimize and upgrade its core products, such as the KBSG series explosion-proof dry transformers. With superior performance and more attentive service, it aims to facilitate the deep integration of coal power and renewable energy, jointly promoting the green transformation and high-quality development of the energy industry.