How cheap is coal? The API 2 benchmark for imports CIF Rotterdam specifies a calorific content of 6,000 kcal/kg, which works out to be almost exactly 7 MWh/tonne. Prices adjust mainly for calorific content, with minor adjustments for other parameters such as residual ash and sulphur that has to be scrubbed in the exhaust chimneys. Multip…
Apr 6
at
12:31 PM
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