Coal. Tonnes, heat and the true cost of fuel security.
A tonne is not a unit of useful heat. Domestic production, thermal-plant imports and national coal trade have different scopes. Our coal research links grade-adjusted procurement, logistics, stock cover and import exposure with the decisions facing generators and industrial buyers.
START WITH THE RIGHT QUESTIONS
What are you trying to understand?
When does imported coal beat domestic fuel on delivered heat cost?
What does a national import number say about an individual generator?
How much stock cover is enough when logistics are uncertain?