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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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Tuesday, 05 January 16
THE SHIPPING MARKET IN 2015 AND LOOKING FORWARD - BIMCO
Global economy: menacing clouds in the sky cast a shadow on global economic developments 2015 never really took off, even though the global economi ...
Tuesday, 05 January 16
4200 GAR COAL INDEX FALL TOWARD $27;SLIPPED 28.05% YEAR-TO-DATE
COALspot.com: Average 5000 GAR coal index has not moved in the past week, averaging $40.12 per ton on last Thursday, according to CS (i) Coal Index ...
Monday, 04 January 16
CFR SOUTH CHINA COAL SWAP REMAIN FLAT OVER CHRISTMAS & NEW YEAR HOLIDAYS
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery rose US$ 0.68 (1.64%) per ton month over month.
A commodity swap is ...
Friday, 01 January 16
FOB INDONESIA COAL SWAP FOR Q1'16 DELIVERY CLOSED AT $36.75 PER TON
COALspot.com: Indonesian coal swap delivery Q1 2016 declined month on month but flat week over week.
According to AsiaClear OTC coal swap' ...
Thursday, 31 December 15
COAL PRICES FELL ON WEAK DEMAND
COALspot.com: Q1’ 2016 API4 FOB Richards Bay Coal swap decline month over month and slightly up week over week.
The Q1’ 2016 ...
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- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- ICICI Bank Limited - India
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Siam City Cement - Thailand
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- The University of Queensland
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
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