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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, 29 November 17
THERMAL COAL MARKETS WERE A LITTLE BIT MORE SUBDUED - DANIEL HYNES, ANZ
Coal prices were stronger, led by gains in coking coal. Premium hard coking coal jumped above USD200/t for the first time in two months, said Danie ...
Wednesday, 29 November 17
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
In line with most expectations for the end of this month, during the past days the Dry Bulk market realized a significant rebound that sent the BDI ...
Tuesday, 28 November 17
THE DRY BULK MARKET HAS SHOWN A REMARKABLE RECOVERY THIS YEAR - GEORGE LAZARIDIS
The Dry Bulk market has shown a remarkable recovery this year with the average earnings having increased by around 63% this year so far compared to ...
Friday, 24 November 17
U.S. PRODUCED 14.9 MMST FOR THE WEEK ENDING NOV 18; UP 0.9% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.9 million short ton ...
Thursday, 23 November 17
PANAMAX: ANOTHER SLOW AND UNEVENTFUL WEEK; DECREASING FREIGHT RATES IN BOTH HEMISPHERES - FEARNLEYS
Supramax
A quiet start to the week. USG closed last week a bit tighter, and continued into the new week on a positive tone with little concluded, ...
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Showing 1866 to 1870 news of total 6871 |
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- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- The University of Queensland
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
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