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Monday, 08 July 13
ECO-FRIENDLY COAL FOR CHINA - VALUE FOR THE ENVIRONMENT AND VALUE FOR THE POWER GENERATOR - BY: LINDSAY JUNIPER
COALspot.com : January 2013 saw an episode of extreme particulate pollution in Beijing 35 times worse than the safe level recommended by the World Health Organisation. The Chinese Government Environmental Authority reported that the pollution derived from vehicle exhaust (22%), industry (16%), natural dust (16%), coal burning (17%) and unaccounted (29%).
Prompted by this episode, Lindsay Juniper, Director at Lindsay Juniper Pty Ltd and formerly the Director of Ultra Systems Technology Pty Ltd has written a paper entitled Eco-Friendly Coal for China – Value for the Environment and Value for the Power Generator. The paper’s objective is to investigate the extent to which Australian higher rank, low ash coal for power generation can contribute to a reduction in severe atmospheric pollution in a cost-effective way. In other words, the environment and power station performance can both be improved by utilizing better quality and relatively cleaner burning coals. But the quality of coals available on the seaborne market has been deteriorating in recent years so how is this to be achieved? To reverse the trend in coal quality deterioration a new, large volume source is required. China’s high ash, low rank domestic coal can be replaced with high rank, low ash imported coal soon to be sourced from Australia’s Galilee Basin.
Coal quality impacts on power station boiler efficiency. As quality improves less coal is needed to be mined, less coal needs to be transported to exporting ports, less coal needs to be transported from destination ports to the power stations and less coal needs to be burnt. All of these contribute to a better environmental outcome.
Coal with high ash content (20% or higher) causes power stations to emit more particulate matter into the atmosphere than if they used a lower ash (say 10%) coal. Higher levels of impurities (those coal components which do not contribute to the combustion process) such as ash and moisture cause power stations to operate at less than optimal efficiency. The higher the level of impurities, the less the energy content in the coal and the higher the volume consumed to achieve required power station outputs. Substituting low rank, high ash Chinese domestic coal with high rank, low ash Australian alternatives such as those planned to be exported from the Galilee Basin will result in less emissions in terms of actual particulates per tonne burnt as well as lower tonnages to be transported and burnt to achieve equivalent power station output.
China’s 12th Five Year Plan provides for a limit on domestic coal production, capping it at 3.9 billion tonnes per annum from 2015. Australian Galilee Basin coals will soon be available to support this measure by supplementing demand projected to exceed 3.9 billion tonnes in coming years with a cleaner more cost effective alternative to high ash coals. Options for supplementing coal production beyond 2015 by switching to other technologies (e.g. gas, renewables) are not optimal as these are not all capable of consistently providing fuel for base load power generation. Gas supply is limited and hydro power plants and other renewable sources are susceptible to external forces such as the availability of rainfall, wind and sunshine. Additionally nuclear power has been stigmatised by the Fukushima disaster in Japan.
Pricing and more importantly valuing coals is no longer a simple process of adjusting the price in accordance with the energy content. Price and value are now more accurately calculated by considering the impact the coal has on all of the purchase, transportation and utilisation costs involved in producing a unit of electricity. This is achieved by measuring the coal’s Value-in-Use. This calculates the impact of coal properties on the technical performance of the coal and their influence on costs within the power station including costs that relate to mitigation of any environmental impacts. Higher environmental value accrues through:
- A reduction in potentially deleterious trace element containing particulate material released to the atmosphere
- A reduction in CO emissions
- A reduction in ash disposal requirements.
In summary, it can be proven conclusively that improving coal quality contributes to an improvement in a power station’s environmental performance, and that coals need to be assessed based on the value they provide to a power station via the cost of production of electricity rather than on the simplistic basis of their cost per unit of contained energy.
Author: Lindsay Juniper, Director, Lindsay Juniper Pty Ltd.
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Wednesday, 07 August 13
HANDIES : FINDING IT DIFFICULT TO SUSTAIN THEIR PREVIOUS LEVELS - KONSTANTINOS KONTOMICHIS
Broker's insight
by Konstantinos Kontomichis,
SnP Broker
Entering the most predictable month of the year, as expected the seasonal effects ha ...
Tuesday, 06 August 13
UNLEASHING SHALE GAS POTENTIAL AS A GLOBAL ENERGY GAME CHANGER
In its 4th year running, the Annual Shale Gas Conference will bring leaders from North American shale gas operators, key Asian regulators, multi ...
Tuesday, 06 August 13
GBCE APPOINTS BENJAMIN WILEY AS NEW MANAGING DIRECTOR
COALspot.com : GB Clean Energy Ltd. (GBCE) announced today that Mr. Benjamin Wiley has been appointed as Managing Director.
Mr. Wiley has ...
Tuesday, 06 August 13
AUSTRALIAN NEWCASTLE PORT'S COAL EXPORTS FALL 23.16 PERCENT ON WEEK TO 2.26 MMT
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port fell 15.8 percent week on week to 2.26 million mt for ...
Monday, 05 August 13
PAPERLESS TRADING (ELECTRONIC BILLS OF LADING) - FREQUENTLY ASKED QUESTIONS ("FAQS") - UK P&I CLUB
A number of Members have contacted the Club with queries regarding the use of electronic bills of lading and any potential consequences for P&I ...
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- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- The University of Queensland
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
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