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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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Thursday, 19 February 15
PANAMAX: NOPAC AND AUSSIE ROUNDS ARE DONE IN LOW/MID $ 4000; TRIPS VIA INDONESIA TO INDIA CLOSER TO THE $5000 MARK - FEARNLEYS
Handy
The handy and supra market has not seen any firming rates in front of the Chinese New Year and still suffering on low activity in both hemi ...
Wednesday, 18 February 15
DRY BULK SHIPPING TO RECOVER IN LATE 2015 - DREWRY MARITIME RESEARCH
Strong trade growth, moderating fleet development and deployment of new fuel efficient vessels are expected to lead to a recovery in dry bulk shipp ...
Tuesday, 17 February 15
WHO PAYS THE SUEZ CANAL FEES? - INCE & CO
KNOWLEDGE TO ELEVATE
This was an appeal from an arbitration award on a point of construction in relation to the wording of an addendum to a ch ...
Tuesday, 17 February 15
BUOYANT WAVES IN RECENT YEARS: GLOBAL SHIP INVESTMENT SINCE THE CRASH - HELLENIC SHIPPING NEWS
Anxiety about fleet expansion is a recurring feature of world shipping markets. Within the global maritime community, worries about the vast amount ...
Tuesday, 17 February 15
FOB SUB-BIT INDONESIA COAL SWAP UP 8% MONTH OVER MONTH
COALspot.com: Indonesian coal swaps for delivery Q2' 2015 rose week over week and month on month.
The Q2 swap up US$ 3.58 (+8.00%) month o ...
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- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- The University of Queensland
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
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