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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, 25 July 18
TANKER MARKET INSIGHT - DIMITRIS KOURTESIS
We are now into the second half of 2018, which so far has not been a fruitful year for tankers. With 2020 quickly approaching we need to consider t ...
Tuesday, 24 July 18
TANKER MARKET : IN TERMS OF TRADE, THE STEPS THAT WERE SLOWLY BEING TAKEN BY OPEC AND RUSSIA - GEORGE LAZARIDIS
Despite the fact that the tanker market still seems to be in the midst of a perfect storm, there are still strong indicators that better sailing da ...
Thursday, 19 July 18
VINACOMIN PRODUCES OVER 20 MLN TONNES OF RAW COAL FROM YEAR'S START - VNA
The Vietnam National Coal and Mineral Industries Group (Vinacomin) has produced over 20 million tonnes of raw coal and 19.3 million of clean coal f ...
Wednesday, 18 July 18
INDONESIA TO AUCTION 16 MINING SITES - JP
Indonesia will soon auction 16 mining sites as no proposal submissions have been submitted by state-owned enterprises (BUMN) and regional administr ...
Wednesday, 18 July 18
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
The new regulations for Chinese flag restricting import of Tier I ships have dominated market sentiment during the past days as buyers have been tr ...
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- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Anglo American - United Kingdom
- White Energy Company Limited
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
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