Coal consumption has fallen steadily in the UK mainly due to continued low demand from electricity generators operators and the increasing popularity of renewable energy. Figures from the Department for Business, Energy and Industrial Strategy reveal coal imports in 2019 at 6.8 million tonnes were 33% lower compared with 2018, the lowest since before the […]
Tag: coal
Hargreaves Services to stop coal mining by July
Industrial and property sector company Hargreaves Services plans to stop coal mining by July in accordance with its long-term strategic plan. The Durham-based company will incur an exceptional cost of £3.7million in the year ended 31 May 2020, including employment related liabilities of £1m and accelerated restoration accrual, plant and mining asset depreciation of £2.7m. Net […]