German power producers warn of lower output as declines in river levels limit coal supplies
means it's harder for barges to make as many coal shipments as possible, which threatens the ability of power plants to build up stockpiles ahead of winter.
German utility companies EnBW AG and Trianel GmbH each reported supply issues, with the former warning of a cut in power generation, according to Bloomberg. European coal futures for 2023 climbed 2.2% Friday to $320 a ton — more than triple what it was in January. The Rhine is a critical vein in Europe's supply chain, as it provides a trade avenue for goods like coal, chemicals, and grains. while Russia slashes natural gas flows. last week that logistics problems on the river could mean coal storage sites in southern Germany will probably not be filled by winter.
As Germany's Federal Ministry for Economic Affairs and Climate Action put it in the document:"Due to very reduced domestic shipping, accumulated coal stocks could quickly fall.
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