Rotterdam Plus
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Rotterdam Plus
"Rotterdam plus" or "Rotterdam +" is a methodology (formula) for determining the steam coal's price for thermal power plants, based on import parity principle, which was used to forecast the wholesale market price of electricity. The formula was in application in Ukraine from May 2016 to June 2019. The formula was adopted on March 3, 2016 by Ukrainian national energy regulator, National Commission for Regulation of Energy and Utilities and automatically became invalid from July 1, 2019, due to the entry into force of the law "On electricity market.” Etymology In media new methodology was named "Rotterdam plus". In this verbal construction “Rotterdam” means coal index price, and "plus" means logistic costs for delivering coal from port of Rotterdam to Ukraine's thermal power plants. History and prerequisites Due to the hostilities in certain areas of Donetsk and Luhansk regions, Ukraine lost control of 88 coal mines, which was 60% of the total number of mines in the count ...
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Thermal Power Plants
A thermal power station is a type of power station in which heat energy is converted to electrical energy. In a steam-generating cycle heat is used to boil water in a large pressure vessel to produce high-pressure steam, which drives a steam turbine connected to an electrical generator. The low-pressure exhaust from the turbine enters a steam condenser where it is cooled to produce hot condensate which is recycled to the heating process to generate more high pressure steam. This is known as a Rankine cycle. The design of thermal power stations depends on the intended energy source: fossil fuel, nuclear and geothermal power, solar energy, biofuels, and waste incineration are all used. Certain thermal power stations are also designed to produce heat for industrial purposes; for district heating; or desalination of water, in addition to generating electrical power. Fuels such as natural gas or oil can also be burnt directly in gas turbines (internal combustion). These plan ...
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Donetsk
Donetsk ( , ; uk, Донецьк, translit=Donets'k ; russian: Донецк ), formerly known as Aleksandrovka, Yuzivka (or Hughesovka), Stalin and Stalino (see also: Names of European cities in different languages (C–D), cities' alternative names), is an industrial city in eastern Ukraine located on the Kalmius River in Donetsk Oblast. The population was estimated at in the city core, with over 2 million in the metropolitan area (2011). According to the Ukrainian Census (2001), 2001 census, Donetsk was the fifth-largest city in Ukraine. Administratively, Donetsk has been the centre of Donetsk Oblast, while historically, it is the unofficial capital and largest city of the larger economic and cultural Donbas, Donets Basin (''Donbas'') region. Donetsk is adjacent to another major city, Makiivka, and along with other surrounding cities forms a major urban sprawl and conurbation in the region. Donetsk has been a major economic, industrial and scientific centre of Ukraine wit ...
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Luhansk
Luhansk (, ; uk, Луганськ, ), also known as Lugansk (, ; russian: Луганск, ), is a city in what is internationally recognised as Ukraine, although it is administered by Russia as capital of the Luhansk People's Republic (LPR). As of 2021, the population was estimated to be 399,559, making Luhansk the most populous city in the region and the 12th largest in Ukraine. In 2001, nearly half of the population was ethnically Ukrainian, and 47% was ethnically Russian. Luhansk has been the capital and administrative center of Luhansk Oblast, although the Ukrainian administration was relocated to Sievierodonetsk when the War in Donbas broke out following the establishment of LPR. Etymology Luhansk was named after the Luhan River, which flows through the city. According to folk etymology, the name is also derived to the word "Luh" (Ukrainian: Луг), which means "meadow", referring to the floodplains around the river. History The city traces its history to 1795 when ...
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Anthracite
Anthracite, also known as hard coal, and black coal, is a hard, compact variety of coal that has a submetallic luster. It has the highest carbon content, the fewest impurities, and the highest energy density of all types of coal and is the highest ranking of coals. Anthracite is the most metamorphosed type of coal (but still represents low-grade metamorphism), in which the carbon content is between 86% and 97%. The term is applied to those varieties of coal which do not give off tarry or other hydrocarbon vapours when heated below their point of ignition. Anthracite ignites with difficulty and burns with a short, blue, and smokeless flame. Anthracite is categorized into standard grade, which is used mainly in power generation, high grade (HG) and ultra high grade (UHG), the principal uses of which are in the metallurgy sector. Anthracite accounts for about 1% of global coal reserves, and is mined in only a few countries around the world. The Coal Region of northeastern Pen ...
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South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini. It also completely enclaves the country Lesotho. It is the southernmost country on the mainland of the Old World, and the second-most populous country located entirely south of the equator, after Tanzania. South Africa is a biodiversity hotspot, with unique biomes, plant and animal life. With over 60 million people, the country is the world's 24th-most populous nation and covers an area of . South Africa has three capital cities, with the executive, judicial and legislative branches of government based in Pretoria, Bloemfontein, and Cape Town respectively. The largest city is Johannesburg. About 80% of the population are Black South Afri ...
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State Statistics Service Of Ukraine
State Statistics Committee of Ukraine ( uk, Державний Комітет Статистики України, ''Derzhavnyi Komitet Statystyky Ukrainy'') is the government agency responsible for collection and dissemination of statistics in Ukraine. For brevity it was also referred to as ''Derzhkomstat''. In 2010 the committee was transformed into the State Service of Statistics under the Ministry of Economic Development and Trade. Institutions * Science and Research Institute of Statistics, keeps track of the Classification of objects of the administrative-territorial system of Ukraine See also * Ukrainian Census (2001), Censuses in Ukraine External links Official website (Ukrainian, Russian, English)2001 Ukraine Census
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Ministry Of Energy (Ukraine)
The Ministry of Energy ( uk, Міністерство енергетики України) is the main body in the system of central government of Ukraine responsible for realization of electric power-generating state policies; nuclear-industrial, and oil-gas complexes often referred simply as the ''Fuel-Energy Complex''. The government ministry was originally formed in 1970s as Ministry of Energy and Electrification. Functions * state governing of the Fuel-Energy Complex * ensuring the realization of the state policies in the Fuel-Energy Complex * ensuring energy security of the State * participation in the formation, regulation, and improvement of the fuel-energy resource market * developing proposals to improve economic incentives in stimulation of the Fuel-Energy Complex development Vectors of specialization * Power generation * Nuclear power * Oil and Gas industry * Coal mining Fuel Energy Complex Associations Power Generation * National Nuclear Power-generating Company ...
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Ukrayinska Pravda
''Ukrainska Pravda'' ( uk, Українська правда, lit=Ukrainian Truth) is a Ukrainian online newspaper founded by Georgiy Gongadze on 16 April 2000 (the day of the Ukrainian constitutional referendum). Published mainly in Ukrainian with selected articles published in or translated to Russian and English, the newspaper is tailored for a general readership with an emphasis on the politics of Ukraine. In May 2021, owner Olena Prytula sold 100% of the corporate rights of ''Ukrainska Pravda'' to Dragon Capital. The parties agreed that the editorial policy of the publication would remain unchanged. Along with Hromadske and the Center for United Action, ''Ukrainska Pravda'' is part of the Kyiv MediaHub. History In December 2002, ''Ukrainska Pravda'' was refused a press accreditation by the Prosecutor General of Ukraine Svyatoslav Piskun (an offence against the Criminal Code of Ukraine). According to the Ukrainian Helsinki Human Rights Union, after ''Ukrainska Pra ...
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Pricing Controversies
Pricing is the process whereby a business sets the price at which it will sell its products and services, and may be part of the business's marketing plan. In setting prices, the business will take into account the price at which it could acquire the goods, the manufacturing cost, the marketplace, competition, market condition, brand, and quality of product. Pricing is a fundamental aspect of product management and is one of the four Ps of the marketing mix, the other three aspects being product, promotion, and place. Price is the only revenue generating element amongst the four Ps, the rest being cost centers. However, the other Ps of marketing will contribute to decreasing price elasticity and so enable price increases to drive greater revenue and profits. Pricing can be a manual or automatic process of applying prices to purchase and sales orders, based on factors such as: a fixed amount, quantity break, promotion or sales campaign, specific vendor quote, price prevailing o ...
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Electricity Economics
Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an external agent in carrying a unit of positiv ...
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