Impact of rising thermal coal prices in Europe on ac box-type substation prices

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In the European market, due to the heat wave in Europe, the Rhine River, one of the main traffic arteries in Europe, has fallen sharply, causing logistical problems for barges transporting imported coal from ports to coal-fired power plants. In addition, high temperatures have limited the efficiency of nuclear and hydroelectric power across Europe, which has the highest number of DAMS per capita, and a drought-induced drop in water storage has hit hydropower across Spain. In the European market, thermal coal spot is relatively scarce, and at the same time, the reduction of new energy generation output increases the demand for coal consumption, and the price of thermal coal rises again.

In terms of Indonesian coal demand, prices have rebounded recently, mainly driven by the recovery of demand from end users in China. The recent domestic hot weather, and at the same time parts of hydroelectric power ability is limited, imported coal market heat continued to heat up, after the last test at the same time, the Indonesian coal cif compared to domestic coal has a certain price advantage, increase power plant bidding, power plant bidding price and traders bids for power plants generally rises. However, due to the uncertain market trend in the later stage, the current domestic power enterprises are bidding for spot coal, and with the reduction of spot supply, the willingness of miners to support the price is gradually enhanced, in the later stage, the price advantage of imported coal or will narrow again, and the terminal inquiry enthusiasm will also be affected. India's low power demand since the monsoon season has dampened its appetite for imported coal. In addition, after the announcement of a ban on Russian coal by Western countries, Russia offered large discounts on coal, and Indian buyers increasingly used Asian currencies, including the Chinese yuan, Hong Kong dollar and UAE dirham, in Russian coal transactions, and Indian end users showed greater interest in Russian coal than Indonesian coal.

On the coal supply side, Indonesia's energy and mineral resources minister said at a parliamentary hearing that the government would impose penalties on 48 coal exporting companies for failing to meet domestic market obligations, and the exporters involved would temporarily suspend coal export operations. However, it is reported that these 48 coal exporting companies usually mix their own coal with other coal purchased for export, and they have a small volume in the export market. Therefore, this penalty has a limited impact on the supply side of the market, which is not enough to provide significant support to Indonesia's coal price.

The prolonged drought across Europe has reduced hydropower production by 20 percent , the ac box-type substation market, as well as the cost of ac box-type substation , is changing rapidly . These changes are indicators of market growth. This year-over-year uptrend in the market indicates oval but steady growth between August 2022 and August 2025. If you are looking for a ac box-type substation or bulk purchase ac box-type substation , please send email to: sales@shzpower.com .

The ac box-type substation prices continue to be influenced by factors such as market momentum, opportunities and challenges. However, the global ac box-type substation sales market is expected to continue to be above average during the forecast period 2022 to 2025. Growth rates will continue to rise. The ac box-type substation prices are expected to increase from today through next week.

The cost of ac box-type substation is constantly changing due to changing consumer needs, changing import and export conditions, and various investigations into ac box-type substation development. The cost of the ac box-type substation is also affected to some extent by the macroeconomic parameters, value chain analysis, channel partners, supply and demand of the current market. Expect the cost of ac box-type substation to increase slightly between today and next week.

With the higher and higher cost of labor, more and more companies began to try to use the ac box-type substation of automatic mechanization production. Automated production and processing is today's technological diversification of the development of the era more typical characteristics and trends, in some processing fields for a variety of ac box-type substation equipment production application has reached the level of delight. As a result, the cost of ac box-type substation is constantly changing.

"Shunzhi power electric provides professional, high quality, reliable and stable quality and price. In order to give feedback to regular customers, the company maintains full operation and provides ac box-type substation at competitive prices. "Shunzhi power sales manager said.

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Shzpower electric Equipment Co., Ltd. (SHZPower) is a long-history high-tech enterprise dedicated to the scientific research, design and domestic and foreign trade of CNC glue dispensing machine, Multicolor Industrial Inkjet Printing Machine,electrical automation, medium and low voltage switch cabinets, box-type substations, power distribution cabinets, and multimedia boxes.

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