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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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Sunday, 25 October 15
ANOTHER DISAPPOINTING WEEK FOR PANAMAX; INDEX FELL 5.4 PERCENT W-W
COALspot.com: The BDI was slightly up by 2.65 pct closing at 774 points mainly because of Cape index which was up by 10.85 pct closing at 1461 poin ...
Sunday, 25 October 15
DRY BULK SHIP OWNERS ARE LOOKING TO CHINA'S POLICIES FOR CUES ON FUTURE MARKET DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
China’s hard or softer landing is a thing which has troubled dry bulk shipping for a couple of years now, as owners have been hit by the coun ...
Friday, 23 October 15
WILL INDIAN DOMESTIC COAL PRICES BE ABLE TO COMPETE IMPORTED COAL PRICES IF THE CURRENT TREND CONTINUES?
COALspot.com: The Most of the Indian end-users are waiting for last minute purchase to enjoy every drop in price. Coal procurement managers are als ...
Friday, 23 October 15
COAL PRODUCTION IN THE U.S. FOR THE WEEK ENDING OCTOBER 17 DECLINED FOR THE SECOND STRAIGHT WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.6 million shor ...
Wednesday, 21 October 15
RUSSIA'S CARBO ONE COAL SALES TO HIT 50 MLN T/YR - JACQUELINE HOLMES
COALspot.com: Russia's Carbo One has become one of the world's leading physical coal traders with an annual volume approaching 50 million t ...
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- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Australian Coal Association
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
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