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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

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