Coal companies are at risk of losses due to the impact of reduced gas prices

by Han Nguyen Marketing executive
In the context of the real situation, many công ty than cannot help but worry when facing the risk of serious losses because the energy use strategy in many countries has changed. Gas prices plummeted to record levels as cheap as coal, causing some coal-invested businesses to change their sources of fuel so far. This has a great impact on the overall business operation of the coal industry and is concerned that coal will gradually lose its inherent value ?!
Công ty than are gradually making a scenario to cope well with the real situation when natural gas prices start to decline sharply and when many countries are turning to using gas and eliminating coal. For example, in Korea, in February, the country suspended 28 coal power plants, restricted the use of coal, and instead increased the use of natural gas, to bring high efficiency. . Besides Korea, there are Taiwan, China, and especially the United States, they have gradually turned to gas investment to use, when the trading market suddenly dropped sharply.
công ty than lec group
Japan is also a country that uses strong coal and imports coal continuously from foreign công ty than to produce it. However, this year there is a change. Natural gas tends to become a major source of fuel, replacing coal and accounting for more than 40% of the national electricity output. This also means that, in the near future, the country will have a strong change strategy in the energy structure and coal plants will also be re-screened, and new construction projects will be considered. and deduction.
Summary of general developments in the world shows that the coal industry is facing a lot of difficulties, when the demand continuously decreases. Income from major coal mines around the world such as Australia and Indonesia also dropped significantly during the epidemic season. It shows that công ty than gradually lose many opportunities to develop and stand firm in the industry. However, the situation may change differently as the Covid season goes by, everything goes back in the trajectory and the price of coal is not pinched, competing with gas prices anymore. It is important to realize that coal suppliers have a long-term implementation plan to ensure maximum efficiency.
Currently, the situation of using coal in Vietnam is still normal and công ty than are still operating continuously to meet high domestic consumption demand. And this could also help the world's coal producers to offset some losses when they have to be offloaded from other countries.

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About Han Nguyen Freshman   Marketing executive

7 connections, 0 recommendations, 49 honor points.
Joined APSense since, September 18th, 2019, From Hochiminh, Vietnam.

Created on May 6th 2020 23:02. Viewed 113 times.


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