Insight

Coal is here to stay

The port of Rotterdam committed itself to the European ambition to reduce CO2 by 20% in 2020, 50% in 2030 and 80% in 2050. Guess what; coal also fits in this equation!

The port is, in itself, a centre for energy production. In addition to the gradual transition to sustainable energy production, there will be a sharp increase in energy production based on coal in the coming decades. Especially in emerging markets such as Asia the coal production will rise, but also in Europe coal plays an important role in the transition towards sustainable energy. At this moment, E.ON and GDF Suez are both building a power plant in the port of Rotterdam area that combines the production of coal with biomass and CCS. Furthermore, the so-called Deltaplan Energy Infrastructure sets out concrete steps that follow on from the National Energy Agreement and collects all current opportunities to promote and facilitate the use of industrial waste energy such as residual steam, heat and CO2 in the Port of Rotterdam and the province of South-Holland. The large area of the port also offers unique possibilities for supplying residual streams of CO2, heat, etc. to large scale greenhouses for the growth of crops and flowers and to extended district heating networks in multiple surrounding residential areas.

The thermal coal market has become increasingly volatile, with challenges including security of supply, competition from other energy sources and legislative constraints. Read more about what was discussed regarding the thermal coal market during the 33rd Annual World Coaltrans Conference in Berlin.

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