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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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Sunday, 06 December 15
DESPITE TEMPTING NEWBUILDING PRICES, CONTRACTING IN DRY BULK REMAINS LOW - BIMCO
The current newbuilding prices for dry bulk ships has dropped so much that they just passed the lows of 2012 heading downwards and are now at the l ...
Friday, 04 December 15
FOB INDONESIA COAL SWAPS ARE ALMOST FLAT OVER WEAK DEMAND
COALspot.com: Indonesian coal swaps for delivery Q1 2016 declined month on month and rose slightly week over week. Coal prices seen very margi ...
Friday, 04 December 15
COAL PRODUCTION IN THE U.S. FOR W/E NOVEMBER 28TH FELL SLIGHTLY FROM THE PREVIOUS WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 15.0 million shor ...
Friday, 04 December 15
MINING OUTLOOK WEAKENS FURTHER ON FALLING CHINESE DEMAND - FITCH
COALspot.com: Fitch Ratings' outlook for the global mining sector in 2016 is firmly negative, reflecting our view that Chinese demand will cont ...
Thursday, 03 December 15
DRY BULK: THERMAL COAL LOWER USAGE UNDER A POTENTIAL NEW CLIMATE DEAL WILL ADVERSELY IMPACT THE MARKET'S RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In direct contrast to the tanker market, the dry bulk one has seen demand for key commodities, such a coal, dwindling down over the course of the p ...
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- Sarangani Energy Corporation, Philippines
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- Simpson Spence & Young - Indonesia
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- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
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- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
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- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
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- Jaiprakash Power Ventures ltd
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- Kaltim Prima Coal - Indonesia
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- McConnell Dowell - Australia
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- White Energy Company Limited
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- South Luzon Thermal Energy Corporation
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- OPG Power Generation Pvt Ltd - India
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- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
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- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
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- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
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- Tata Chemicals Ltd - India
- Economic Council, Georgia
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- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
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- Vedanta Resources Plc - India
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- Videocon Industries ltd - India
- Ministry of Transport, Egypt
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- Attock Cement Pakistan Limited
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- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
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- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
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- Agrawal Coal Company - India
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- Trasteel International SA, Italy
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- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
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