The Economics of Coking Coal Mining: A Fossil Fuel Still Needed for Steel Production

Coking coal has been on the European list of critical raw materials since 2014 due to its high economic importance and high supply risk. In 2017, coking coal narrowly missed passing the threshold of economic importance. However, out of caution, it remained on the list of critical raw materials, as t...

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Autores principales:	Adam Duda, Gregorio Fidalgo Valverde
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	coking coal critical raw material mining investment Dębieńsko project Technology T
Acceso en línea:	https://doaj.org/article/43713955d6ae4195b7bbd2d78fc22003
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id	oai:doaj.org-article:43713955d6ae4195b7bbd2d78fc22003
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spelling	oai:doaj.org-article:43713955d6ae4195b7bbd2d78fc220032021-11-25T17:27:52ZThe Economics of Coking Coal Mining: A Fossil Fuel Still Needed for Steel Production10.3390/en142276821996-1073https://doaj.org/article/43713955d6ae4195b7bbd2d78fc220032021-11-01T00:00:00Zhttps://www.mdpi.com/1996-1073/14/22/7682https://doaj.org/toc/1996-1073Coking coal has been on the European list of critical raw materials since 2014 due to its high economic importance and high supply risk. In 2017, coking coal narrowly missed passing the threshold of economic importance. However, out of caution, it remained on the list of critical raw materials, as the steel industry still needs it. It is likely to be phased out of the list below when it does not fully meet the required criteria. As there are no significant alternatives for this energy intensive industry and neither electrification nor material or energy efficiency improvements are yet available at a sufficient level of technological readiness, the European Union remains dependent on coking coal imports. Therefore, any coking coal mining project in Europe is of great importance and an important alternative to solving the problems of providing this raw material. In this study, the Dębieńsko coking coal project in Poland is analyzed using a scientifically proven methodology based on world-class analysis of coking coal projects submitted for financing to financial institutions.Adam DudaGregorio Fidalgo ValverdeMDPI AGarticlecoking coalcritical raw materialmining investmentDębieńsko projectTechnologyTENEnergies, Vol 14, Iss 7682, p 7682 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	coking coal critical raw material mining investment Dębieńsko project Technology T
spellingShingle	coking coal critical raw material mining investment Dębieńsko project Technology T Adam Duda Gregorio Fidalgo Valverde The Economics of Coking Coal Mining: A Fossil Fuel Still Needed for Steel Production
description	Coking coal has been on the European list of critical raw materials since 2014 due to its high economic importance and high supply risk. In 2017, coking coal narrowly missed passing the threshold of economic importance. However, out of caution, it remained on the list of critical raw materials, as the steel industry still needs it. It is likely to be phased out of the list below when it does not fully meet the required criteria. As there are no significant alternatives for this energy intensive industry and neither electrification nor material or energy efficiency improvements are yet available at a sufficient level of technological readiness, the European Union remains dependent on coking coal imports. Therefore, any coking coal mining project in Europe is of great importance and an important alternative to solving the problems of providing this raw material. In this study, the Dębieńsko coking coal project in Poland is analyzed using a scientifically proven methodology based on world-class analysis of coking coal projects submitted for financing to financial institutions.
format	article
author	Adam Duda Gregorio Fidalgo Valverde
author_facet	Adam Duda Gregorio Fidalgo Valverde
author_sort	Adam Duda
title	The Economics of Coking Coal Mining: A Fossil Fuel Still Needed for Steel Production
title_short	The Economics of Coking Coal Mining: A Fossil Fuel Still Needed for Steel Production
title_full	The Economics of Coking Coal Mining: A Fossil Fuel Still Needed for Steel Production
title_fullStr	The Economics of Coking Coal Mining: A Fossil Fuel Still Needed for Steel Production
title_full_unstemmed	The Economics of Coking Coal Mining: A Fossil Fuel Still Needed for Steel Production
title_sort	economics of coking coal mining: a fossil fuel still needed for steel production
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/43713955d6ae4195b7bbd2d78fc22003
work_keys_str_mv	AT adamduda theeconomicsofcokingcoalminingafossilfuelstillneededforsteelproduction AT gregoriofidalgovalverde theeconomicsofcokingcoalminingafossilfuelstillneededforsteelproduction AT adamduda economicsofcokingcoalminingafossilfuelstillneededforsteelproduction AT gregoriofidalgovalverde economicsofcokingcoalminingafossilfuelstillneededforsteelproduction
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The Economics of Coking Coal Mining: A Fossil Fuel Still Needed for Steel Production

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