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Monday, 30 November 15
ASSOCARBONI LOOKS AT COAL FROM A DIFFERENT ANGLE
 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.
" 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 Italian Coal Association (ASSOCARBONI).
According to ASSOCARBONI’s latest press note, 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, ASSOCARBONI says in its press report.
ASSOCARBONI is a non-profit organization founded in 1897, which represents national and international companies engaged in solid fuels. Andrea Clavarino Chairman of ASSOCARBONI to attend the 21st Conference of the Parties (COP21), to be held in Paris from 30th November until 11th December 2015.
ASSOCARBONI noted that, 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.
(Republished)
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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Monday, 18 January 16
Q1'16 CFR SOUTH CHINA COAL SWAP CLOSED AT $ 42.50 PER TON; UP 1% MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery rose US$ 0.43 (1.02%) per ton month over month.
A commodity swap is ...
Friday, 15 January 16
FOB INDONESIA COAL SWAPS FIRM SLIGHTLY LAST WEEK
COALspot.com: Indonesian coal swap delivery Q1 2016 declined month over month and week over week.
According to AsiaClear OTC coal swap's r ...
Friday, 15 January 16
SHIPPING: 2016 STARTED WITH MISERY ACROSS THE BOARD FOR SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As one would have expected, the dry bulk market starter the new year where it left off in 2015, plunging to never seen before depths, as the market ...
Friday, 15 January 16
U.S. WEEKLY COAL PRODUCTION ROSE ACROSS ALL BASINS: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.4 million shor ...
Thursday, 14 January 16
FOB RICHARDS BAY COAL SWAP FOR Q3 DELIVERY CLOSED $5.90 LOWER THAN Q1 PRICE
COALspot.com: Q1’ 2016 API4 FOB Richards Bay Coal swap up month over month and week over week.
The Q1’ 2016 FOB Richards Bay Coal ...
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- Thai Mozambique Logistica
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- Directorate Of Revenue Intelligence - India
- Australian Coal Association
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- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Edison Trading Spa - Italy
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- Eastern Coal Council - USA
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- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
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- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
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- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
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- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
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- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- White Energy Company Limited
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
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- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
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- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
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- Videocon Industries ltd - India
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- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
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- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
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- Chamber of Mines of South Africa
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- McConnell Dowell - Australia
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- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
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- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
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- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
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- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
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- The Treasury - Australian Government
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- Intertek Mineral Services - Indonesia
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- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
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