Coal Price Hike

The price of coal is on the up and hence the price of electricity will follow. According to Bloomberg the effects of the crisis in Ukraine is spreading west.

“German power for 2015 touched a five-week high as coal rose to the highest price since January amid speculation Russia’s intervention in Ukraine will spur demand for the solid fuel to replace gas in power plants.

The German contract, Europe’s electricity benchmark, climbed as much as 1.4 percent, according to broker data compiled by Bloomberg. European coal for delivery in 2015 increased as much as 1.1 percent.”

The Government should act now to ensure what is left of our coal industry is protected to insure and limit the exposure of the UK to events beyond our control. They should start with ensuring that Kellingley and Thorseby remain open and producing coal here in the UK.

http://www.businessweek.com/news/2014-04-28/german-power-reaches-five-week-high-as-coal-advances-on-ukraine

What is carbon capture and storage?

carboncapturebenefits-1

Carbon capture and storage (CCS) is the process of capturing carbon dioxide (CO2) emissions from large-point sources (such as power stations and industrial facilities) and transporting the gases in pipelines to very deep subsurface rock formations, where it can be safely and permanently stored. CCS prevents the release of large quantities of CO2 into the atmosphere, which is causing climate change.

To read more, download the PDF: carboncapturebenefits

What is NUM/Unite Coal Combine?

The NUM/Unite Coal Combine was inaugurated in January of 2014, at the Carbon Capture & Storage / Coal Combine Seminar. Delegates from the deep mines, surface mines and the coal burning power stations took part in this historic event, uniting not just the two unions but workers from the energy sector.

Seeking to secure Britain’s energy future through the use of indigenous coal mined in Britain and burnt in coal fired power stations through Carbon Capture. Coal Combine adopted a set of principles which are:

1.   To jointly campaign politically and industrially for the mining of British coal, both from deep mined and surface mined coal for the use in power generation, British industrial use and exportation.

2.   To secure Britain’s energy future.

3.   To engage with other trade unions involved in deep mining of coal.

4.   To jointly work with the TUC, employers organisations and Government departments.

5.   To promote the development and use of carbon capture and storage, not just for energy production but also British manufacturing.

The combine seeks to bring together all TUC affiliated Trade Unions who’s members work in the deep mines, surface mines and coal burning power stations.

It will be the intention of Coal Combine to bring together those trade unions in the near future at a meeting to be held at the NUM headquarters in Barnsley, to campaign for the industry and the use of carbon capture technologies.