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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

Tuesday, 07 November 17
MECHEL SIGNED LONG-TERM COAL SUPPLY CONTRACT WITH ITOCHU CORPORATION
Mechel PAO a leading Russian mining and metals company, reports signing a framework agreement with a major Japanese universal trading company Itoch ...


Tuesday, 07 November 17
DRY BULK SHIPPING: TAKE GOOD CARE OF THE RECOVERY SAYS PETER SAND
Demand: Even without much support from Brazilian iron ore exports during August, capesize rates went from $10,000 to $17,000 per day. In Septembe ...


Tuesday, 07 November 17
COAL MARKETS WERE RELATIVELY BUOYANT - DANIEL HYNES
Coal markets were relatively buoyant. Metallurgical coal prices were supported by the stronger steel and iron ore prices, says Daniel Hynes, Senior ...


Tuesday, 07 November 17
PROSPERITY AND WINTER WARMTH REMAIN PARAMOUNT IN CHINA - JEFFREY LANDSBERG
Chinese officials announced recently that 580 gigawatts of coal-derived electricity generation capacity has completed ultra-low emissions reform as ...


Monday, 06 November 17
COAL SHORTAGE HURTS INDIA'S HINDALCO AND VEDANTA SAYS BUSINESS STANDARD
Aluminium smelter operations of Vedanta and Hindalco are at risk of turning unviable due to a coal crunch. According to Business Standard an I ...


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