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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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Monday, 06 November 17
MARINE BUNKER EXCHANGE EXPECTS BUNKER PRICES WILL CONTINUE UPWARD TREND NEXT WEEK
World fuel indexes rose during the week, supported by main oil producers’ statements about possible extension of oil production cut agreement ...
Monday, 06 November 17
THE THERMAL COAL MARKET CAME UNDER SOME PRESSURE AS THE OUTLOOK FOR DEMAND WEAKENED - DANIEL HYNES
Commodities were mixed as investors grappled with a revised tax plan in the US amid a rising USD said Daniel Hynes in his linked in post.
Acco ...
Monday, 06 November 17
THE FREIGHT MARKET WAS CONTINUED TO SOFTEN THIS PAST WEEK; BCI DOWN 184 POINT WEEK OVER WEEK
COALspot.com: The freight market was continued to soften this past week compared to the previous week, as BDI and all segments except Panamax index ...
Friday, 03 November 17
U.S. COAL PRODUCTION FELL WEEK-OVER-WEEK, EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.5 million short ton ...
Wednesday, 01 November 17
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
As it was expected, the strong dry bulk freight market of the past couple of months has inspired similar activity in the second-hand market. Noneth ...
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Showing 1896 to 1900 news of total 6871 |
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- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
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- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- MS Steel International - UAE
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
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- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
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- Africa Commodities Group - South Africa
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- Malabar Cements Ltd - India
- Parliament of New Zealand
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- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
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- Semirara Mining Corp, Philippines
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- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
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- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
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- Medco Energi Mining Internasional
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- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- The University of Queensland
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- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
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- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
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- Indian Energy Exchange, India
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- Meralco Power Generation, Philippines
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- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
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- White Energy Company Limited
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- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
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- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
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- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
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- Marubeni Corporation - India
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- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
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- Samtan Co., Ltd - South Korea
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- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
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- Wood Mackenzie - Singapore
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- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
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- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Planning Commission, India
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Energy Link Ltd, New Zealand
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- Australian Commodity Traders Exchange
- GMR Energy Limited - India
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