Annual Report 2010 - Verein der Kohlenimporteure eV
Annual Report 2010 - Verein der Kohlenimporteure eV
Annual Report 2010 - Verein der Kohlenimporteure eV
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54<br />
and at the end of 2012, with West mine will there be<br />
closures.<br />
This results in the following production quantities:<br />
Presumed Quantities / Production<br />
<strong>2010</strong><br />
Mtce<br />
2011<br />
Mtce<br />
West 3.0 3.0<br />
Prosper Haniel 3.2 3.2<br />
Auguste Viktoria 3.2 3.2<br />
Ost (closed in 09/<strong>2010</strong>) 0.2 ---<br />
Ensdorf 1.3 0.6<br />
Ibbenbüren 2.0 2.0<br />
Total<br />
HT-D20 Source: own evaluation<br />
12.9 12.0<br />
This shows an additional loss in output of another one<br />
million tonnes coal equivalent.<br />
In the longer term, total hard coal output could develop<br />
as shown below:<br />
Projected German Hard Coal Production<br />
Year Estimate up to 2018 in Mtce<br />
2011 12.0<br />
2012 11.3 Closure of Ensdorf mine<br />
2013 8.0 Closure of West mine<br />
2014 8.0<br />
2015 6.0<br />
2016 6.0<br />
2017 4.0<br />
2018 4.0<br />
HT-D21 Source: own evaluation<br />
Prompted by the temporarily high world market prices<br />
at the end of <strong>2010</strong>, discussions about continuing<br />
German hard coal mining operations were again reopened.<br />
Assuming average production costs of € 180/tce for<br />
German production, the following competitive position<br />
for German steam coal was seen during the course of<br />
<strong>2010</strong>. German production costs are compared with the<br />
<br />
Comparison of German Steam Coal /<br />
Cross-Bor<strong>der</strong> Price (BAFA) <strong>2010</strong><br />
01.01.<strong>2010</strong> 30.06.<strong>2010</strong> 31.12.<strong>2010</strong><br />
Euro/tce<br />
Costs German Coal -<br />
ex mine<br />
180 180 180<br />
BAFA Price<br />
(cross-bor<strong>der</strong> price)<br />
75 92 103<br />
Advantage Import Coal<br />
HT-D22<br />
105 88 77<br />
These comparisons assume that the costs at German<br />
mines remained constant in <strong>2010</strong>. Even if the pollution<br />
legacy costs of German mining are ignored, the<br />
difference is still substantial.<br />
This comparison makes it clear that the difference<br />
between German steam coal and imported coal over the<br />
entire year was very large, calling into question whether<br />
indigenous steam coal could ever be competitive on the<br />
world market.<br />
The prices for imported coking coal from January to<br />
<br />
than German production costs.<br />
€/t<br />
250,00<br />
200,00<br />
150,00<br />
100,00<br />
50,00<br />
0,00<br />
German Cross Bor<strong>der</strong> Prices for<br />
<br />
Figure 27 Source: Several evaluations<br />
Jan 09<br />
Mar<br />
May<br />
July<br />
Sep<br />
Nov<br />
Jan 10<br />
Mar<br />
May<br />
July<br />
Sep<br />
Nov