The embargo on coal imports from Russia will not harm the Czech economy. Only less than seven percent of imported hard coal is from Russia, the Czechia practically does not import brown coal.
Russia is the fourth largest importer of hard coal to the Czech Republic. After Poland, USA and Canada. Last year, the Czech Republic imported over 300,000 tons of hard coal from the Russian Federation. The total import was about 4.5 million tons. Russia thus accounts for less than seven percent of hard coal imports to the Czech Republic. Such a share can be relatively easily replaced by supplies from a country or countries other than Russia.
Take a look at the Polish brown coal mine Turów
The embargo on Russian coal in the Czech Republic will not in itself make electricity more expensivebecause electricity is already produced from hard coal in only one power plant, the Dětmarovice Power Plant, where, in addition, this production from hard coal will probably end this year.
Brown coal is practically not imported to the Czech Republic, resp. its imports are completely negligible in comparison with the volume of own production in the North Bohemian districts.
How much would it cost to shut down Russian gas immediately? Thousands of crowns for each Czech
A complete disconnection from Russian energy would cost each adult Czech an average of 7,600 crowns, a total of about 66 billion crowns. According to an analytical team at the French government. The Czechia would thus be six times cheaper than last year’s deficit.
We have black coal (so far)
Imported hard coal is used industrially in the Czech Republic mainly in companies in the Ostrava region. In the Ostrava region, resp. In the Karviná region, the Czechia also mines hard coal of its own, albeit in only one mine, the ČSM (Czechoslovak Youth) Mine in Stonava. It belongs to the state-owned company OKD. OKD mines over two million tons of coal a year. Of this, about 1.5 million tonnes is coking coal and the rest is thermal hard coal. But mining in Stonava will probably end this year as well.
Coking coal is used in metallurgy as a fuel, but also as an agent that is important in the conversion of crude ore into iron. Coal smelters in the Ostrava region use coal, especially those belonging to the Liberty Ostrava company and then also to the Třinec ironworks. The key product of these plants is steel. Steel generally serves, for example, as a basis in the manufacture of automobiles or in construction in the construction of houses and other bridge-type structures.
Jan Palaščák: No one has done as much for Putin as speculators in the energy market
He has been working in the energy sector for 15 years. He is a long-time opponent of speculation in energy markets. At present, Jan Palaščák is building the Amper group, in which, among other things, he is developing the fintech energy start-ups CO2IN and Amper Meteo. In the role of advisor, he is a member of the Climate Commission of the Capital City of Prague, which is now facing problems in purchasing energy. “It’s been almost a year since gas prices started to rise dramatically. Those who have not bought 90 to 100 percent of their future consumption in advance have a big problem today, “Palaščák points out.
The mentioned energetic black coal is then the main source of energy in thermal power plants. In the Czech Republic, it is still used by the aforementioned ČEZ Power Plant Dětmarovice. However, it is also used for heat production, for example in Veolia Energie’s heating plants, and in general also in the production of cement, paper or the chemical industry.
However, the last black coal should be mined in the Czech Republic this year, so dependence on imports, especially from overseas, is therefore continuing to grow anyway. With the embargo on Russian coal imports, the structure of supplier countries will have to change, but this should not be a fatal problem.
Lubomír Lízal: Solving dependence on Russian gas? Let’s stop using it to generate electricity
Neither the Czech National Bank nor the government can fully control domestic inflation in the current situation. Its growth is increasingly affected by the war in Ukraine, the possible long duration of which could lead to a recession, believes former member of the Czech National Bank’s board Lubomír Lízal, who currently teaches at Anglo-American University and CTU. “If the war ends soon, we will experience the peak of inflation in the summer and then it will start to decline. If not, we will have higher inflation for a year, for example, “believes the economist.
Dalibor Martínek: Babiš will be president, Havlíček will be prime minister. What about the control authority?
Blood does not flow from a stranger, or whoever does not steal robs a family. These are the wisdom that was told after the pubs of the 1980s, when the Bolsheviks still ruled here. The perverted “truths” of the perverted regime that baptized three generations of this nation.
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