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Thursday, 26 November 15
ITALY'S STEAM COAL IMPORTS EXPECTED TO REACH 16 MILLION TONS AND COKING COAL IMPORTS TO AMOUNT TO 4 MILLION TONS - ASSOCARBONI
 ASSOCARBONI LOOKS AT COAL FROM A DIFFERENT ANGLE
- “Coal has made huge steps towards environmental sustainability, making itself the fuel of choice to accompany the growth of renewables on the path of climate change mitigation. The COP21 will have to take this into account” - Andrea Clavarino, Chairman of the Italian Coal Association (Assocarboni)
- Italy’s coal imports to remain flat in 2015 while Global seaborne coal trade to stabilise at 2014 levels at 1.2 billion tons this year - Assocarboni
COALspot.com: In 2015 Italy will import 16 million tons of steam coal and 4 million tons of coking coal, reflecting a flat growth trend from a year ago. At a global level seaborne coal trade is set to stabilise at 1.2 billion tons, after 10 years of steady growth of 3,5%, and production is forecast at 7.2 billion tons, stable compared to 2014, said ASSOCARBONI in its press report.
The upcoming 21st Conference of the Parties (COP21), to be held in Paris from 30th November until 11th December 2015, Andrea Clavarino - who is delegate of the Italian Government to the CIAB board, the coal consultative body of the International Energy Agency, IEA – called for an effective climate agreement, able to integrate environmental imperatives with the legitimate aims of energy security, economic development and ending poverty.
ASSOCARBONI report further noted that, according to the IEA, coal provides 41% of global electricity and is an essential raw material in the production of steel and cement, accounting for 70% and 90% of their respective global production. Moreover, the installed power generation capacity from coal will grow from 1,805 GW today to 2,843 GW in 2040.
ASSOCARBONI believes the provision of secure, low-cost, reliable electricity, the development of infrastructure and the option to produce liquid fuels are three specific ways in which coal directly contributes to greater economic growth, job creation, and higher personal income and wealth.
The deployment of high efficiency low emission (HELE) power plants, using technology already available today, is the first step in the pathway towards the adoption of carbon capture and storage (CCS) technology, which is key to achieving global climate goals.
Modern high efficiency low emission coal plants, now available and producing electricity in Italy, emit 25-33% less CO2 and can significantly reduce or eliminate non-carbon emissions compared to older, less efficient subcritical technology.
According to ASSOCARBONI press note, Italian coal operators have shown an extraordinary ability to focus on innovation: all the Italian coal plants have obtained the stringent European environmental certifications (EMAS) and boast an average efficiency of 40%, with a peak of 46% in Torrevaldaliga Nord plant, which is only achieved by two other plants globally, in Japan and Denmark.
If these highly efficient technologies were extended to the over 3,000 inefficient coal plants, with an average efficiency of 33%, operating in the developing countries, 1.5 billion tonnes of CO2 per year would be eliminated, according to the estimates of the European Power Plant Suppliers Association (EPPSA).
This result would be equivalent to two and a half times the 600 million tons of CO2 that are already avoided thanks to renewable sources, excluding hydroelectric, with the total cost of subsidy estimated at USD 120 billion.
Furthermore, coal combustion technologies continue to evolve. There is additional potential beyond current HELE technology for future deployment of advanced ultra-supercritical and Integrated Gasification Combined Cycle (IGCC) plants. These technologies are likely to be commercially available around 2020, with efficiencies approaching 50%.
Thus coal is not in contrast with an increasing use of renewable energy, but instead coal and renewable complement one another and are partners in meeting present and future energy needs.
In this respect, Assocarboni is in favour of an international mechanism to provide financial support to countries building high efficiency low emission coal plants. In the last decades, growth in renewable energy technology has been driven by investment incentives and supporting policies, such as feed-in-tariffs, contracts for difference and other mechanisms.
In order to achieve climate mitigation goals, a widespread deployment of carbon capture and storage technology is fundamental. However, this will not be possible until CCS receives policy parity with renewable energies.
“Over the last decades, the coal industry has made huge steps towards environmental sustainability. Today coal guarantees cost effectiveness and energy security and it is therefore the optimal fuel to accompany the growth of renewables on the path of climate change mitigation. The COP21 will have to take this into account”, Clavarino concluded.
 About: ASSOCARBONI
ASSOCARBONI is a non-profit organisation founded in 1897, which represents national and international companies engaged in solid fuels. Its head office is in Rome and it has representative offices in London and Brussels. On a national level, Assocarboni is member of Confindustria Energia and sits in the Board of Directors of the Fuel Experimental Station, a fuel research institute within the Ministry of Economic Development.
On an international level, Assocarboni is member of CIAB (Coal Industry Advisory Board) – a section of the International Energy Agency (IEA) which brings together more than 40 companies (both energy producing and electric generation companies) from 14 different countries - of WCA (World Coal Association) in London and of the “Working Party on Coal” of the ECEUN Energy Committee in Geneva.
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Sunday, 06 December 15
DRY BULK MARKET ON REVERSE MODE, SET TO BREAK NEW ALL-TIME LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been the negative “star” of the shipping industry for quite some time. In fact if it wasn’t for the boomi ...
Sunday, 06 December 15
DESPITE TEMPTING NEWBUILDING PRICES, CONTRACTING IN DRY BULK REMAINS LOW - BIMCO
The current newbuilding prices for dry bulk ships has dropped so much that they just passed the lows of 2012 heading downwards and are now at the l ...
Friday, 04 December 15
FOB INDONESIA COAL SWAPS ARE ALMOST FLAT OVER WEAK DEMAND
COALspot.com: Indonesian coal swaps for delivery Q1 2016 declined month on month and rose slightly week over week. Coal prices seen very margi ...
Friday, 04 December 15
COAL PRODUCTION IN THE U.S. FOR W/E NOVEMBER 28TH FELL SLIGHTLY FROM THE PREVIOUS WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 15.0 million shor ...
Friday, 04 December 15
MINING OUTLOOK WEAKENS FURTHER ON FALLING CHINESE DEMAND - FITCH
COALspot.com: Fitch Ratings' outlook for the global mining sector in 2016 is firmly negative, reflecting our view that Chinese demand will cont ...
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- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Australian Coal Association
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Parliament of New Zealand
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
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