We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » May 15, 2014
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
PGE expects flat hard coal prices in long-term contracts
May 15, 2014   
Article's tools:

Power group PGE expects prices of hard coal to remain flat in long-term contracts to 2020, while electricity prices will grow "moderately" at 4.8% CAGR, PGE officials said at an analyst conference Wednesday.

"In terms of hard coal, the global situation of oversupply puts pressure also on domestic miners, so we rather expect prices should remain flat by 2020," CEO Marek Woszczyk said.

"We assume coal prices in the nearest future to remain stable and later to grow moderately," CFO Magdalena Bartos added.

CO2 emission prices, in turn, are expected to "follow EU talk" and grow "up to EUR 10 per ton in 2020," she also said.

As a result, electricity prices are expected to grow moderately at CAGR of 4.8%, the CFO said.

© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE