Research On Risk Control Methods Of Coal Supply For Coal-generating Power Enterprises

In recent years, with the volatility in the coal market and the electricity market downturn, the coal-and-electricity contradiction continues to be highlighted, and the energy supply situation becomes increasingly grim. In order to reduce net coal consumption cost, thermal power enterprises have to use materials blended with inferior coal, which leads to the complication of coal resources and diversification of the types of coal. What’s more, as market coal may be limited by many complex factors existing in coal mines, railways, ports, brokers and other intermediate logistics chains, the coal supply situation has become extremely complex, and the influence of coal supply risk on enterprise production and management process is deepening. Coal is the most important factor of production of coal-generating power enterprises and the risk of coal costs affecting enterprise profit and loss becomes significantly dynamic. From the perspective of coal-generating power enterprises, this paper first uses the modern risk management theory and supply chain risk management theory to identify coal supply risks of business process and value chain of power generation coal supply. Based on full recognition of risk factors, risk prevention and control of power generation coal supply are analyzed. Then according to the actual situation of current power generation coal supply, this paper focuses on fuel costs, supply and demand structure and inventory solution in the risk analysis study. Considering actual operating situation of coal-generating power enterprises, thermal power cost-profit dynamic model, and raw coal mixed economic model and coal inventory risk control model are built and analyzed. Finally, according to power generation coal supply chain features and business practices, this paper uses risk response theory to propose coal supply risk prevention and control strategies, methods and recommendations for coal-generating power enterprises. Content of this study fit the actual situation of coal supply of coal-generating power enterprises, which is significant for power enterprises to improve risk prevention for coal supply, avoid coal price risk, strengthen generation cost control and improve economic benefits of enterprises.