EU and coal
The coal (hard coal and lignite) belongs to abundant energy resources on the territory of the European Union. The coal presently accounts for around one-third of the EU’s electricity production. For example in the Czech Republic the coal accounts for approximatelly 62 % of the country’s electricity production. The Czech Republic is also one of the EU member countries where the coal-mining is profitable. In some countries the coal-mining is granted by governments or phased out.
The EU is aware of the strategic importance of the coal as a sustainable, competitive and accesible energy resource. Therefore the EU calls for investments in research of Clean Coal Technologies, Carbon Capture and Storage Technologies and in improvement of efficiency of coal power stations.
At the moment, several EU institutions deal with coal (and energy issues generally), including the European Commission, the European Parliament and the Council of the EU. The European Commission also initiated the establishment of the Berlin Forum to provide a platform for dialogue between the Commission and stakeholders from the energy sector.
Chart of hard coal production – Top five producers (EU member states) according to the volume of production in 2008
Source: IEA Coal Information 2010 & World Energy Council - 2010 Survey of Energy Resources
Chart of hard coal production – Top five producers (EU member states) according to the volume of production in 2009 (estimates)
Source: IEA Coal Information 2010 & World Energy Council - 2010 Survey of Energy Resources
Do you want to know more detailed information about the coal-mining industry in some of the EU member states? Please, select the country:
The Company Magazine...here
NWR Open Mine Magazine No. 4/2011
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Announcement of suspected fraud
OKD, a.s., has been currently exposed to fraudulent activity by unknown individuals in Germany.
Full version of the document in English and German is here.
BUSINESS INTEGRITY POLICY
This policy was adopted by the Board of Directors of New World Resources Plc on 15 November 2011 and shall have immediate effect.
Full version of the document is here.
NWR Open Mine Magazine No. 3/2011
The Company Magazine...here
NWR Open Mine Magazine No. 2/2011
The Company Magazine...here
NWR Open Mine Magazine No. 1/2011
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Company code of ethics
The Board of Directors of OKD has adopted a Company code of ethics that is obligatory for all the employees of the firm. It defines basic values and attitudes to enterprise that OKD conforms to in the course of its business activities.
The code of ethics is not any binding rule of law or internal directive, it represents, however, a moral obligation for each employee of OKD.