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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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Wednesday, 28 October 15
Q2'16 FOB RICHARDS BAY COAL SWAP SEES FURTHER DECLINES
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 gained week over week and declined month over month.
The Q4 swap was d ...
Wednesday, 28 October 15
BDI INCREASE TOOK PLACE SOLELY ON THE BACK OF CAPESIZE PERFORMANCE, BUT........ - INTERMODAL
COALspot.com: The Dry Bulk market closed off the week noting a small improvement which nonetheless failed to lift sentiment, not only because ...
Tuesday, 27 October 15
Q1'16 API 5 FOB NEWCASTLE COAL SWAP DECLINE 6 PER CENT M-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $2 per ton (4.66%) month over month to US$ 40.93 per ton. The swa ...
Monday, 26 October 15
PORT OF NEWCASTLE SHIPPED 10.5 PER CENT LESS COAL IN SEPTEMBER, COMPARED TO AUGUST LOADING
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.161 billi ...
Monday, 26 October 15
CFR SOUTH CHINA COAL SWAPS CLOSE DOWN 4.3% AS DEMAND CONCERNS WEIGH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down just US$ 1.48 (3.02 %) per ton month over month.
A commodity sw ...
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- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- ASAPP Information Group - India
- PTC India Limited - India
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Marubeni Corporation - India
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
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