Saturday, June 13, 2026

Latest

In Poland, People Are Lining Up For Days To Stock Up On Coal For The Winter

Dozens of cars and trucks are lining up at the Lubelski Wegiel Bogdanka coal mine in Poland, many of them waiting for days and nights, to stock up on heating fuel ahead of winter. 

3.8 million households in Poland use coal for heating. These households, like many of Europe’s, are facing shortages and price hikes, following the country’s ban on Russian coal in April after Moscow’s unprovoked invasion of Ukraine in late February. 

The Central European country produces more than 50 million tons of coal from its own mines yearly, and typically sells mostly to powerplants. Its households generally rely on imported coal, much of it from Russia, because of the lower prices and because the quality is more suitable for home use.

Last year, 8 million of the 12 million tons imported from Russia were used by households and small heating plants.

Unlike the European Union’s Russian coal embargo which took effect in August, Poland’s ban went into immediate effect, resulting in shortages.

Back in July, Poland ordered two state-controlled companies to buy 4.5 million tons of the fuel from other, faraway producers in South Africa, Indonesia, and Colombia to supply households. In August, the government introduced a subsidy scheme that allows each household to apply for one-time assistance worth 3,000 zlotys (US$634) to help pay for coal after it failed to cap retail prices.

Via Financial Times

Information for this briefing was found via Financial Times, Reuters, and the sources and companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Canadian Dream Is Leaving Canada | Spencer Gatten

Allied Gold: The Zijin Deal Is On The Rocks

Why Silver’s Drop May Not Mean the Bull Market Is Over | Peter Krauth

Recommended

Silver47 Starts 10,000 Metre Campaign at Flagship Alaska Silver Project

Blue Jay Gold Launches 16,000 Metre Drill Program At Steller

Related News

Renewable Energy Beats Out Coal in US Energy in 2022

The United States produced and consumed more electricity from renewable energy than coal for the...

Wednesday, April 5, 2023, 11:08:47 AM

Farm-To-Road: Wave Of Farmer Protests Spreads Across Europe

Amid the seemingly worldwide rising inflation – which started with the effects of the pandemic...

Saturday, July 9, 2022, 05:10:00 PM

China Is Reselling Russian LNG To Europe As Economic Slump Leaves It With A Surplus

Energy-strapped Europe has been importing some of its liquefied natural gas (LNG) from China, with...

Thursday, September 1, 2022, 03:44:00 PM

Global Energy Crisis Continues To Grow; May Not Be Too Late for Investors to Increase Their Exposure to Energy Plays

The global energy crisis seems to grow more acute each day, and the effects of...

Wednesday, October 13, 2021, 03:39:00 PM

Over Half Of German Households Are Running Out Of Money To Save

Germany’s rising inflation rate is pushing a majority of German households to lose their ability...

Tuesday, August 23, 2022, 02:38:00 PM