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Friday, 14 July 17
IMPORTED COAL IS STILL A SAFE AND RELIABLE SOURCE OF ENERGY IN GERMANY - VDKI
German Coal Importers AssociationCOALspot.com: Imported coal is still a safe and reliable source of energy in Germany. World coal mining has reached a high plateau, but not yet a turning point. Demand in the US and China has been declining. But there are already signs of recovery. And in India and the ASEAN countries, demand is growing because of the construction of modern new coal-fired power plants.

According to a press conference invitation e-mail from German Coal Importers Association, In Germany, renewable energies are still in the foreground. However, these alone cannot guarantee a secure supply. Over a long period, the capacity of thermal power plants will remain an important pillar. Hard coal is an ideal partner for this purpose - the countries of origin are distributed across the globe in a crisis-free manner.

The Coal Importers Association further noted, the Agora Energiewende recently discovered that coal is much more flexible than previously known. And coal is cheaper than natural gas. A carbon price floor would only lead to distortions of competition, and it would also be superfluous in the European emissions trading scheme, because the CO2 reduction targets are reliably achieved by decreasing emission ceilings (caps) every year.


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Recent News

Wednesday, 15 November 17
MARKET INSIGHT - LINOS KOGEVINAS
For another week, oil seems to be the most volatile and interesting commodity to watch. In this segment we’ll look at some of the major facto ...


Tuesday, 14 November 17
COAL STOCKS RUN SHORT, CENTRE TO GET DAILY UPDATE ON STOCKS - DECCAN CHRONICLE
Facing a shortage of coal for thermal power generation in the country, the Central Electricity Authority (CEA) has issued guidelines for maintainin ...


Tuesday, 14 November 17
IN 2018, WORLD OIL DEMAND IS FORESEEN REACHING 1.51 MB/D - OPEC
Oil Market Highlights - OPEC The OPEC Reference Basket averaged $55.50/b in October, gaining $2.06 over the previous month and reaching the hi ...


Monday, 13 November 17
THERMAL COAL PRICES WERE RELATIVELY UNCHANGED - DANIEL HYNES
Coal prices were broadly higher, driven by strong gains in the metallurgical coal market said Daniel Hynes, Senior Commodity Strategist at ANZ in h ...


Monday, 13 November 17
THIESS AWARDED $300M SANGATTA EXPANSION CONTRACT
Thiess has been awarded a $300 million contract by Kaltim Prima Coal (KPC) to expand operations at Sangatta coal mine in East Kalimantan, Indonesia ...


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