After Australia, where Glencore’s employees strike since May, now South African miners united in the NUM will start their protests. How did it affected coal prices so far and what can we expect in the middle of heating season?
Article in bi monthly Biuletyn Gorniczy by Polishcoaldaily’s Founder and former Editor on international steam coal prices by the end of summer. Full coverage on Poland and the most important coal markets: ARA, South Africa, Australia, China and India.
We had “blue coal” – Polish invention from Institute for Chemical Processing of Coal, which was suposed to help fighting the smog, we had “green coal” – Philippinesian way to enter fuel market with their biomass from bana grass. Now Americans work on “renewable coal”.
While international coal prices are again peaking up high just before winter, Chinese National Development and Reform Commission will start a battle against malicious hoarding coal in mining regions to prevent price levels from staying far from so called “green belt”.
In today’s Dziennik Gazeta Prawna, in the article by Karolina Baca-Pogorzelska former Editor of Polishcoaldaily comments the fact that only roughly 60% of Polish companies fulfilled the legal obligation to audit their internal energy usage.
Following Trump administration end-of-war-on-coal energy policies, after series of blackouts and in regards to high electricity prices, Australian government decided to cut renewables and boost its own resources – mainly coal.
Canada, UK and Holland are trying to present themselves as global decarbonisation leaders, which will develop most for the Paris climate agreement. Why them? Simple, once they’ve already used all their domestic coal deposits, it is easier to renounce it.
Government in Jakarta wanted to mine 477m Mt this year, but reality is far from their wishes. In the first 8 months 2017 Indonesia managed to produce only 295.5m Mt (62% of the plan). Indonesian troubles are not so different from the ones that we have in Poland.
Australian coal producers have to choose – either they can sell their coal to China, Japan, Korea and other Asian consumers with fat margins, or they can support local power plants which are already complaining on shortage of reserves.
Most of the South African citizen feels, that corruption is present in almost every aspect of their life, including the top administration. After affairs with president Jacob Zuma and Gupta family, around FIFA World Cup 2010 and many others, nobody is really surprised that also private coal companies and national power sector is dirty.
Unlike in Poland, where consolidation of energy (power and heat plants owned by EDF will be taken by PGE) and mining sectors (KHW mines being absorbed by PGG), in India anti-monopoly office of Competition Commission decided to put up for an auction unneffective facilities owned by the world largest coal producer – Coal India.
Right after Polish coal producers showed financial results for H1 2017 (which were and echo of good situation on the international markets), Ministry of Energy announced the renaissance of coal mining in Poland. How does such renaissance works here and how it looks internationally?
Full coverage from the conference on smog in Poland, organized by Ministry of Development in close cooperation with Polish Smog Alert. Not many new arguments in the discussion, besides Deputy Minister Jadwiga Emilewicz promising the new law on coal quality coming this fall.
Not only taking the first place in Polish energy mix, not only the number one fuel for heating the individual housing, but also a recent marketing hit in FMCG sector in Poland – today we can find coal in cosmetics (gel, tooth paste, shampoo) and food (lemonade, waffles, hamburgers).
Polishcoaldaily’s Editor comment for Gazeta Pomorska on coal for domestic heating, which gets more and more expensive each day and even worst, in some places in southern Poland it’s imposible to buy larger quantities, if any.