Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Germany

German coal imports seen stagnating in 2016

byCT Report
08/08/2016
in Germany, Latest News
Share on FacebookShare on Twitter

BERLIN: Germany will likely import the same amount of hard coal in 2016 as last year, lobby group VDKi said on Thursday, citing rising demand from steelmakers but lower usage in power stations due to rival renewable energy.

Coal is still the backbone of power generation in Europe’s biggest economy, which is seeking to move away from nuclear and fossil power to renewable energy. Two thirds of German coal imports go to power utilities, just under a third to the steel sector, and the remainder to heating providers. “Imports so far this year are still weak because weather patterns have driven higher renewable generation, but steelmakers are seeing a recovery to normal production levels after a trough,” VDKi’s managing director Franz-Josef Wodopia told a news conference.

You might also like

Pakistan successfully launches marine bunkering operations at Gwadar with first-ever refuelling

13/07/2026

Productivity, lower costs hold key to Pakistan’s export surge: FCCI President

13/07/2026

“We expect stagnant coal imports for the full year.” German imports monitored by VDKi’s 70 member companies in 2015 rose to 57.5 million tonnes, up 2.3 percent from 2014, as coal’s relatively low price vis-a-vis gas, due to an industry downturn, raised its uses in the electricity sector.

Germany used hard coal for 18 percent of its 2015 electricity generation, of which 90 percent was imported, while 25 percent of power generation came from domestic brown coal. Turning to 2016, VDKi chairman Wolfgang Cieslik said that steel manufacturers had reported a 4-percent gain in year-on-year output in May after six months of lower production.

“This shows first signs of a stabilisation,” he said. But coal-to-power plants struggle increasingly against competition from renewables, which are given priority access to power grids, he said.

Around 30 percent of power already comes from energy that is subsidised at fixed tariffs, although latest reforms will usher in an auction-based system to create market-based prices as from next year. Still, as a result of the old system an increasing number of coal-fired plants cannot produce at full stretch and keep losing market share.

Germany has legislated to become virtually carbon-free by 2050, through a steady replacement of thermal power with that from wind and solar energy. Cieslik said that more coal plant closures were on their way, reducing VDKi’s customer base. Power network operators calculate that by 2030, German hard coal-to-power station capacity will fall by between 12 and 52 percent from 2014’s 26 gigawatt (GW) level, to 11-23 GW. Germany’s top coal suppliers are Russia, Colombia, the United States and Australia.

Related Stories

Pakistan successfully launches marine bunkering operations at Gwadar with first-ever refuelling

byCT Report
13/07/2026

GWADAR: Pakistan has successfully conducted its first-ever marine bunkering operation at Gwadar Port, enabling the country to offer marine fuel...

Productivity, lower costs hold key to Pakistan’s export surge: FCCI President

byCT Report
13/07/2026

FAISALABAD: Faisalabad Chamber of Commerce and Industry (FCCI) President Farooq Yousaf Sheikh said that business community had the potential to...

‘Pakistan’s seafood export hits record $ 568 million’

byCT Report
13/07/2026

ISLAMABAD: The Federal Minister for Maritime Affairs in Pakistan, Muhammad Junaid Anwar Chaudhry, has said that Pakistan’s seafood exports reached...

Lahore ATIR rules Super Tax can be adjusted against income tax refunds

byCT Report
13/07/2026

LAHORE: The Appellate Tribunal Inland Revenue (ATIR), Lahore, has ruled that super tax payable under Section 4C of the Income...

Next Post

Belguim’s rough diamond export increases $1.17b in July

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.