EURACOAL

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EURACOAL

EURACOAL

@EURACOAL

The European Association for Coal and Lignite - EURACOAL - is the umbrella organisation of the European coal industry.

Brussels (BE) Katılım Ocak 2014
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EURACOAL
EURACOAL@EURACOAL·
China’s 15th 5-Year Plan aims for peak coal as its coal output reaches 2405 Mt in H1 2025 (+5.4%), >20× EU production. China’s coal use for fuels, chemicals & plastics > EU’s total coal use which was up 1.5% to 149 Mt. More in latest EURACOAL Market Report public.euracoal.eu/download/Publi…
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EURACOAL@EURACOAL·
As EU coal supply falls by 25% to just 48 million tonnes in H1 2024, why has China built up its coal stocks to over 600 million tonnes? Double previous highs! What is China preparing for? Read about this and more in the latest EURACOAL Market Report public.euracoal.eu/download/Publi…
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EURACOAL@EURACOAL·
As China builds out 140 GW of new coal power plants - more than operate in the whole of the EU - EU coal demand slumped dramatically in 2023. Read all about this and more in the latest EURACOAL Market Report public.euracoal.eu/download/Publi…
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EURACOAL@EURACOAL·
Many records broken in new EURACOAL Market Report. EU coal supply up 8.3% last year to 476 Mt with lignite output up 7.1% and coal imports +18.3% - but none now from Russia. Prices are moderating after hitting >400 $/tonne – 10x 2020 lows. Free copy at euracoal.eu/library/coal-m…
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EURACOAL@EURACOAL·
EURACOAL has donated an original copy of the Treaty establishing the European Coal and Steel Community to Zabrze Coal Mining Museum. Signed in Paris on 18/04/1951, it is a treaty for peace. Janusz Olszowski was presented with the copy at GIPH’s New Year Concert in Katowice.
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EURACOAL@EURACOAL·
Only PL & CZ produce coking coal in EU - steelmakers relied on Russia for this #CriticalRawMaterial. Yesterday, the UK govt gave final approval for a new coking coal mine to supply Europe. We welcome this long-awaited decision. More at West Cumbria Mining westcumbriamining.com
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EURACOAL@EURACOAL·
On 28 April, MEPs in the European Parliament heard VP Timmermans explain why coal not gas could be the bridge to a sustainable future. “I think it can be done, but it just warrants a speeding up of the renewables.” Watch at youtu.be/kRgZW-lEuok.
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EURACOAL@EURACOAL·
VP Timmermans: “It is logical that some MS who had counted on using natural gas for a prolonged period of time as a transitional energy carrier, moving away from coal to renewables, are now reconsidering this and that could mean that they will need to stick a bit longer to coal.”
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EURACOAL@EURACOAL·
Latest EURACOAL Market Report shows EU lignite output +12.5% in 2021 and coal imports +19.4%, half from Russia. By August, all 50 Mt/year of Russian imports must be replaced. More if gas-to-coal switch accelerates for power generation. Get a free copy at euracoal.eu/library/coal-m…
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EURACOAL@EURACOAL·
As the US, the EU & Japan ban Russian imports, the global coal market will adjust. Russia’s €5 billion annual coal trade with the EU is tiny c.f. the €100+ billion oil & gas trade. Further embargos will need a demand-side response by consumers, as well as gas-to-coal switching.
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EURACOAL@EURACOAL·
The European Coal and Steel Community – now the EU – was established in 1952 to stop wars in Europe. Today, the coal industry appeals for support to Ukraine while we mine the coal that will help secure Europe’s electricity supplies. euracoal.eu/2022/03/02/eur…
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EURACOAL@EURACOAL·
EURACOAL congratulates PL & CZ govt negotiating teams for achieving agreement signed today by PMs Fiala & Morawiecki in Prague. The water management improvements are welcome news. Long live Turów mine, the secure energy it supplies & the jobs it provides. gov.pl/web/premier/pr…
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EURACOAL@EURACOAL·
IEA Coal 2021 report confirms coal is back: +6% expected in 2021 and a new record high in 2022. Electricity from coal is in demand: +9% in 2021. Gas prices will determine the fate of coal, but will EU gas prices fall as the IEA forecasts in its report at iea.org/reports/coal-2…?
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EURACOAL@EURACOAL·
Latest EURACOAL Coal Market Report examines impact of China-Australia spat on international coal trade and reports H1 coal/lignite production/imports in EU where coal supply was up 11% because of high fossil gas prices. Obtain a free copy of our report at euracoal.eu/library/coal-m…
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EURACOAL@EURACOAL·
EURACOAL President Budinský today met European Commissioner for Energy, Kadri Simson, in Brussels to discuss upcoming legislative proposal on methane. Carrots not sticks would be a good outcome. Valuable exchange of views also on Fit-for-55 package. See euracoal.eu/library/positi…
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EURACOAL@EURACOAL·
EURACOAL responds to the Commission's Fit-for-55 Package of legislative proposals with what it means for coal, plus some ideas on how to improve the package. euracoal.eu/2021/11/03/eur…
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EURACOAL@EURACOAL·
The “Great European Gas Squeeze” is ON. Eyewatering gas and electricity prices. Industrial plants shuttering. Good for coal sales (and carbon prices). Bad for consumers. Governments are scrambling to help, but have few levers to pull. Expect calls for Nordstream 2 to open asap..
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EURACOAL@EURACOAL·
As EU fossil gas hits €40/MWh for the first time, power utilities demand more coal, pushing prices up to over $150/tonne at EU ports –the highest since 2008. Russian miners want to supply more, but rail/port capacity is constrained. Meanwhile, coal and gas in US are 70% cheaper.
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