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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, 19 December 18
GLOBAL COAL DEMAND SET TO REMAIN STABLE THROUGH 2023, DESPITE HEADWINDS - IEA
While global coal demand looks set to rise for the second year in a row in 2018, it is forecast to remain stable over the next five years, as decli ...
Wednesday, 19 December 18
GLOBAL SHIPPING SCOUTS FOR FUTURE GROWTH - PETER SAND, BIMCO
Where do we go to find economic growth that spurs shipping demand in the next five years? According to the International Monetary Fund (IMF), we sh ...
Wednesday, 19 December 18
SHIPPING MARKET INSIGHT - INTERMODAL
As another year is coming to an end, it is interesting to look at the main shipping markets and how these performed compared to 2017.
&nb ...
Tuesday, 18 December 18
COAL DEMAND WILL REMAIN STEADY THROUGH 2023, INTERNATIONAL ENERGY AGENCY SAYS - TOM DICHRISTOPHER, CNBC
Coal consumption is on the rise but will remain roughly stable over the next five years, the International Energy Agency forecasts.
...
Tuesday, 18 December 18
DRY BULK: IN ABSOLUTE TERMS, ALL MAIN SIZE SEGMENTS SAW THEIR ACTUAL VOLATILITY FIGURES DECREASE - ALLIED
Since the beginning of 2016, when the dry bulk market reached its absolute bottom, freight rates have been ever since on an upward trajectory. Taki ...
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- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- PTC India Limited - India
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- The University of Queensland
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
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