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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, 28 September 16
WITHOUT A DOUBT FREIGHT RATES HAVE MOVED UP A BIT TO HEALTHIER LEVELS - INTERMODAL
As we are approaching Q4, it is interesting to perform a review of the last nine months with respect to the second-hand prices of Supramax and Pana ...
Tuesday, 27 September 16
THE CAPESIZE RATE OF INCREASE HAS BEEN IMPRESSIVE, UP 39% W/W AND 123% MONTH TO DATE - ALLIED
The Dry bulk market has seen a rare shine in its performance as the capesize sector manages to rally at an unprecedented rate compared to its perfo ...
Monday, 26 September 16
COAL PRICES HAVE BEEN MOVING STEADILY HIGHER AFTER YEARS OF DECLINE
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
Monday, 26 September 16
THE FREIGHT MARKET WAS FIRM; ALL SEGMENTS WERE UP THIS PAST WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week. The BD ...
Friday, 23 September 16
"COLLATERAL LIES" DO NOT NECESSARILY UNDERMINE AN INSURANCE CLAIM
KNOWLEDGE TO ELEVATE
An insured was not precluded from recovering under an insurance policy even though it had made a false statement during t ...
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- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- White Energy Company Limited
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
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