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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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Sunday, 26 January 20
SUPRAMAX: THE ASIAN BASIN SAW A 56,000DWT SHIP FIXING DELIVERY SAMARINDA TRIP TO WEST COAST INDIA AT $4,750 - BALTIC BRIEFING
Capesize
The market endured heavy losses throughout the past week, with the Capesize 5TC dropping from $8,352 to $4,772. In the lead up to Chin ...
Sunday, 26 January 20
SHIPPING NEEDS TO PREPARE FOR CORONAVIRUS RESTRICTIONS WARNS HILL DICKINSON
The shipping industry needs to be prepared for potential restrictions in order to prevent the further spread of the ‘Wuhan’ coronavirus ...
Friday, 24 January 20
LOW-SULPHUR FUEL OIL PRICES DROP USD 99 PER MT IN SINGAPORE - BIMCO
Singapore has seen one of the largest drops in the price of Very Low Sulphur Fuel Oil (VLSFO), which peaked on 7 January 2020 at USD 740 per metric ...
Friday, 24 January 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINED FLAT DURING THE PAST WEEK - XINHUA
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China’s major ports, stood at 553 yuan (about 80.1 U.S. dollars) ...
Thursday, 23 January 20
PANAMAX: ANOTHER DISAPPOINTING WEEK IN BOTH THE ATLANTIC AND THE PACIFIC BASIN - FEARNLEYS
Cape Size
From bad to worse for the biggest ships as prices for low-sulphur fuel oil remain high whilst freight rates deteriorate further. Aver ...
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- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Australian Coal Association
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
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