Vol.117, No.1, 2020, pp.27-39, doi:10.32604/EE.2020.010372
OPEN ACCESS
ARTICLE
Research on the Measurement and Countermeasure of Coal Overcapacity in China: Based on Panel Data of 25 Provinces in China
  • Rijia Ding1, Xingyao Zhou1,*, Rui Zhang1, Wanqiu Lu2
1 School of Management, China University of Mining and Technology (Beijing), Beijing, 100083, China
2 Huaneng Power International, Inc., Beijing, 100031, China
* Corresponding Author: Xingyao Zhou. Email:
Issue published 28 February 2020
Abstract
Coal is the main energy source in China. At present, the coal overcapacity is still serious in China. Accurately measuring the degree of China’s coal overcapacity can scientifically resolve the overcapacity, and is the premise of guiding the healthy development of coal industry and energy system. Using the translog cost function and the panel data of coal industry in all provinces of China from 2002 to 2011 and from 2012 to 2016, the research measures and compares the coal production capacity of “golden decade” and “cold winter” in China. The results show that: (1) The change of coal production capacity in China is basically consistent with the development of the economy and the coal industry reformation. The capacity utilization increased year by year in 2002, it was affected by the financial crisis in 2008, and the overcapacity was serious after 2011. (2) At present, the coal overcapacity in each province has been alleviated. We should further strengthen supervision from technology and production structure and other aspects, and continue to complete the work of coal capacity reduction.
Keywords
Coal capacity utilization; panel data; the translog cost function; countermeasure and suggestion
Cite This Article
Ding, R., Zhou, X., Zhang, R., Lu, W. (2020). Research on the Measurement and Countermeasure of Coal Overcapacity in China: Based on Panel Data of 25 Provinces in China. Energy Engineering, 117(1), 27–39.
Citations
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