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Tuesday, 21 March 17
JAPAN'S RENEWED COMMITMENT TO COAL - BENJAMIN SPORTON
 Japan is one of the largest economies in the world, and has long been a major consumer and importer of energy and a leader in energy technology development. Japan is also the world’s fifth-largest electricity user – electricity accounts for more than 36% of total energy.
Since the 2011 earthquake and the subsequent Fukushima nuclear accident, Japan has had to contend with various challenges in its energy sector: shutdown of all nuclear power plants has meant that Japan has faced increased fuel imports coupled with higher electricity prices.
Technology-driven urban lifestyles, growth of the middle class, rising incomes, and more electricity-enabled appliances and machines contribute to increased electricity demand. So it’s no wonder Japan is set to build 45 new high efficiency modern coal plants.
It is often said that coal is a fuel for the developing world, but is a good example of why that’s true. Developing economies require access to stable and affordable energy to build industrial capacity. On the other hand, developed countries require affordable and reliable electricity to continue to maintain economic competitiveness. For example, even under the now suspended Clean Power Plan in the United States, coal was forecast to provide 27% of US electricity in 2030. Australia's biggest states rely on coal for more than 90% of their electricity. In Germany coal plays a critical role in balancing the intermittency of renewables- providing about 30% of the electricity mix.
Japan knows full well that building more ultra-modern coal-fuelled power plants is the only way it can meet energy security demands and its environmental responsibility. Japan is signatory to the Paris Agreement and has pledged a 26% reduction in carbon dioxide emissions by 2030. But the country also wants to remain competitive economically, so it’s diversifying its energy mix.
The additional 45 power plants will use state of the art high efficiency, low emissions (HELE) technologies. HELE technologies are a group of technologies developed to increase the amount of energy that can be generated from a coal plant while decreasing emissions.
Japan is no stranger to HELE technologies. The Isogo Thermal Power Station, located just 6 km from central Yokohama, is a great example of how HELE can help provide the efficiencies needed while provide the base-load energy that comes from coal. The Isogo plant uses ultra-supercritical (USC) technology to generate steam up to 620 degrees C and achieves a 45% efficiency level.
The IEA has forecast an increase in new HELE coal plants in the next 25 years. According to the Agency’s latest forecast, 730GW of these highly efficient plants will be built by 2040, and that more than half of the coal fleet in developing countries will increasingly consist of HELE plants by that same period.
Recognising this, the World Coal Association has set up the global Platform for Accelerating Coal Efficiency (PACE) to help raise the global average efficiency of coal-fuelled power plants and in effect to minimise CO2 emissions, whilst maintaining legitimate economic development and poverty alleviation efforts.
Deploying high efficiency low emission (HELE) coal-fuelled power plant is also a key step along a pathway to near zero-emissions from coal with carbon capture, use and storage (CCUS).
By Benjamin Sporton
WCA Chief Executive
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Wednesday, 24 February 21
MARKET INSIGHT - INTERMODAL
With yields of up to 563%, the shares of Greek shipping companies listed on Wall Street are recorded. The Coronavirus pandemic has not significantl ...
Sunday, 21 February 21
ANZ DIVESTING FROM THE WORLD’S LARGEST COAL EXPORT PORT IS 'PRAGMATISM' - IEEFA
The biggest buyers of Australian thermal coal have committed to net-zero emissions
ANZ, Australia’s third largest bank, has decided to s ...
Sunday, 21 February 21
EDITORIAL: TIME FOR BANGLADESH TO FOCUS ON RENEWABLE ENERGY, NOT COAL - DHAKA TRIBUNE
Shifting away from coal is not only desirable, but absolutely necessary in these times.
In spite of being detrimental to environment ...
Wednesday, 17 February 21
STRANDED ASSETS A LONG-TERM RISK FOR MAJOR FOSSIL FUEL EXPORTERS - FITCH RATINGS
Fossil exporters face a loss of GDP, government revenue and export receipts from the transition to a lower-carbon economy over the coming decades. ...
Friday, 12 February 21
U.S: WIND SURPASSED COAL AS NO. 1 FUEL SOURCE IN 2020 FOR SOUTHWEST POWER POOL - IEEFA
Wind energy growth due to geography, design factors, and new installations
Wind surpassed coal as the primary power generation sourc ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
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- Petron Corporation, Philippines
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- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
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- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- VISA Power Limited - India
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- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
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- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
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- Ministry of Finance - Indonesia
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- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
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- Anglo American - United Kingdom
- Economic Council, Georgia
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- CNBM International Corporation - China
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- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
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- Thai Mozambique Logistica
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- Coal and Oil Company - UAE
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- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
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- Alfred C Toepfer International GmbH - Germany
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- Star Paper Mills Limited - India
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- Singapore Mercantile Exchange
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- Posco Energy - South Korea
- Bangladesh Power Developement Board
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- Indian Oil Corporation Limited
- Eastern Coal Council - USA
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- Antam Resourcindo - Indonesia
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- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
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- GN Power Mariveles Coal Plant, Philippines
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- Mercator Lines Limited - India
- Ministry of Transport, Egypt
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- The Treasury - Australian Government
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- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
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- McConnell Dowell - Australia
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- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- The University of Queensland
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- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
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- Indian Energy Exchange, India
- New Zealand Coal & Carbon
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- Interocean Group of Companies - India
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- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
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- Meenaskhi Energy Private Limited - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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