BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to: Latest news headlines Analytical topics and features Commodities videos, podcast & blogs Sample market prices & data Special reports Subscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber (https://pmc.platts.com), Please navigate to Platts Market Center to reset your password.

In this list
Coal

Vattenfall boosts German lignite mining to highest since 1993

Electric Power | Natural Gas (European)

EEX CEO says European power market confidence returned H1 after 2017 dip

Coal

Platts Global Coal Alert

Oil | Crude Oil

Platts Workshop at the S&P Global Platts Energy

Coal

South African coal priced out of key markets, stocks over 5 mil mt

Vattenfall boosts German lignite mining to highest since 1993

Vattenfall's German lignite mines increased their output last year tothe highest level since 1993, while lignite-fired power output reached itshighest level since the end of communism in East Germany, the German unit ofthe Swedish state-owned utility said in a statement.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

Vattenfall Europe Mining AG, which owns and operates open-pit lignitemines in Eastern Germany, increased its 2012 output to 62.4 million mt from60 million mt in 2011, it said.

Electricity output from Vattenfall's lignite-fired power plants inEastern Germany increased to 55 TWh in 2012, the highest since the politicalchanges in Eastern Germany, it said.

"Out lignite-fired power plants now produce almost a tenth of allelectricity consumed in Germany and have shown again that they can be anactive partner of renewable energies, balancing their volatile output,helping to stabilize the grid," according to the head of Vattenfall EuropeMining and Vattenfall Europe Generation, Hartmuth Zeiss.

The former East German lignite-mining operations were privatized in 1994to a consortium of various German utilities, but Vattenfall gained majorityownership in 2000 after RWE and E.ON had to sell their shares to comply withEU requirements concerning other mergers.

Lignite-fired power was Germany's single biggest source of electricityin 2012 with a share of 25.6% and has become much more profitable since thecrash in EUA carbon allowances.

--Andreas Franke, andreas_franke@platts.com
--Edited by James Leech, james_leech@platts.com