{"id":256,"date":"2014-09-11T23:33:04","date_gmt":"2014-09-11T21:33:04","guid":{"rendered":"http:\/\/euracoal.wordpress.com\/?page_id=256"},"modified":"2014-09-11T23:33:04","modified_gmt":"2014-09-11T21:33:04","slug":"why-is-there-no-lignite-market","status":"publish","type":"page","link":"https:\/\/pipe.euracoal.biz\/?page_id=256","title":{"rendered":"Why is there no lignite market?"},"content":{"rendered":"<p>Unlike for most other raw materials and commodities, there is no free-market price formation for lignite used in power generation. This is because its low calorific value makes transport uneconomic over longer distances: the cost of lignite per unit of energy, including transport, would be higher than hard coal, its main competitor. Hence, a lignite mine cannot offer its product to far-away power plants.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-940 size-full\" src=\"https:\/\/pipe.euracoal.biz\/wp-content\/uploads\/2014\/11\/germany-2.jpg\" alt=\"Germany 2\" width=\"214\" height=\"138\" \/>Similarly, lignite-fired power plants cannot purchase fuel from distant mines. Both producer and consumer co-exist in a captive market. Without a minimum number of suppliers and customers, no transparent formation of prices on the free market is likely to occur. In comparison, the international market for hard coal benefits from a large number of suppliers and customers.<\/p>\n<p>For these reasons, it is common to build lignite-fired power plants adjacent to lignite mines. A power plant and surface mine then form a single economic entity in which lignite is most economically transported by dedicated infrastructure \u2013 typically a conveyor belt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unlike for most other raw materials and commodities, there is no free-market price formation for lignite used in power generation. This is because its low calorific value makes transport uneconomic over longer distances: the cost of lignite per unit of energy, including transport, would be higher than hard coal, its main competitor. Hence, a lignite [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":104,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/full-width.php","meta":{"footnotes":""},"class_list":["post-256","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/pipe.euracoal.biz\/index.php?rest_route=\/wp\/v2\/pages\/256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pipe.euracoal.biz\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/pipe.euracoal.biz\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/pipe.euracoal.biz\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pipe.euracoal.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=256"}],"version-history":[{"count":0,"href":"https:\/\/pipe.euracoal.biz\/index.php?rest_route=\/wp\/v2\/pages\/256\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/pipe.euracoal.biz\/index.php?rest_route=\/wp\/v2\/pages\/104"}],"wp:attachment":[{"href":"https:\/\/pipe.euracoal.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}