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Thursday, 26 November 15
ITALY'S STEAM COAL IMPORTS EXPECTED TO REACH 16 MILLION TONS AND COKING COAL IMPORTS TO AMOUNT TO 4 MILLION TONS - ASSOCARBONI
 ASSOCARBONI LOOKS AT COAL FROM A DIFFERENT ANGLE
- “Coal has made huge steps towards environmental sustainability, making itself the fuel of choice to accompany the growth of renewables on the path of climate change mitigation. The COP21 will have to take this into account” - Andrea Clavarino, Chairman of the Italian Coal Association (Assocarboni)
- Italy’s coal imports to remain flat in 2015 while Global seaborne coal trade to stabilise at 2014 levels at 1.2 billion tons this year - Assocarboni
COALspot.com: In 2015 Italy will import 16 million tons of steam coal and 4 million tons of coking coal, reflecting a flat growth trend from a year ago. At a global level seaborne coal trade is set to stabilise at 1.2 billion tons, after 10 years of steady growth of 3,5%, and production is forecast at 7.2 billion tons, stable compared to 2014, said ASSOCARBONI in its press report.
The upcoming 21st Conference of the Parties (COP21), to be held in Paris from 30th November until 11th December 2015, Andrea Clavarino - who is delegate of the Italian Government to the CIAB board, the coal consultative body of the International Energy Agency, IEA – called for an effective climate agreement, able to integrate environmental imperatives with the legitimate aims of energy security, economic development and ending poverty.
ASSOCARBONI report further noted that, according to the IEA, coal provides 41% of global electricity and is an essential raw material in the production of steel and cement, accounting for 70% and 90% of their respective global production. Moreover, the installed power generation capacity from coal will grow from 1,805 GW today to 2,843 GW in 2040.
ASSOCARBONI believes the provision of secure, low-cost, reliable electricity, the development of infrastructure and the option to produce liquid fuels are three specific ways in which coal directly contributes to greater economic growth, job creation, and higher personal income and wealth.
The deployment of high efficiency low emission (HELE) power plants, using technology already available today, is the first step in the pathway towards the adoption of carbon capture and storage (CCS) technology, which is key to achieving global climate goals.
Modern high efficiency low emission coal plants, now available and producing electricity in Italy, emit 25-33% less CO2 and can significantly reduce or eliminate non-carbon emissions compared to older, less efficient subcritical technology.
According to ASSOCARBONI press note, Italian coal operators have shown an extraordinary ability to focus on innovation: all the Italian coal plants have obtained the stringent European environmental certifications (EMAS) and boast an average efficiency of 40%, with a peak of 46% in Torrevaldaliga Nord plant, which is only achieved by two other plants globally, in Japan and Denmark.
If these highly efficient technologies were extended to the over 3,000 inefficient coal plants, with an average efficiency of 33%, operating in the developing countries, 1.5 billion tonnes of CO2 per year would be eliminated, according to the estimates of the European Power Plant Suppliers Association (EPPSA).
This result would be equivalent to two and a half times the 600 million tons of CO2 that are already avoided thanks to renewable sources, excluding hydroelectric, with the total cost of subsidy estimated at USD 120 billion.
Furthermore, coal combustion technologies continue to evolve. There is additional potential beyond current HELE technology for future deployment of advanced ultra-supercritical and Integrated Gasification Combined Cycle (IGCC) plants. These technologies are likely to be commercially available around 2020, with efficiencies approaching 50%.
Thus coal is not in contrast with an increasing use of renewable energy, but instead coal and renewable complement one another and are partners in meeting present and future energy needs.
In this respect, Assocarboni is in favour of an international mechanism to provide financial support to countries building high efficiency low emission coal plants. In the last decades, growth in renewable energy technology has been driven by investment incentives and supporting policies, such as feed-in-tariffs, contracts for difference and other mechanisms.
In order to achieve climate mitigation goals, a widespread deployment of carbon capture and storage technology is fundamental. However, this will not be possible until CCS receives policy parity with renewable energies.
“Over the last decades, the coal industry has made huge steps towards environmental sustainability. Today coal guarantees cost effectiveness and energy security and it is therefore the optimal fuel to accompany the growth of renewables on the path of climate change mitigation. The COP21 will have to take this into account”, Clavarino concluded.
 About: ASSOCARBONI
ASSOCARBONI is a non-profit organisation founded in 1897, which represents national and international companies engaged in solid fuels. Its head office is in Rome and it has representative offices in London and Brussels. On a national level, Assocarboni is member of Confindustria Energia and sits in the Board of Directors of the Fuel Experimental Station, a fuel research institute within the Ministry of Economic Development.
On an international level, Assocarboni is member of CIAB (Coal Industry Advisory Board) – a section of the International Energy Agency (IEA) which brings together more than 40 companies (both energy producing and electric generation companies) from 14 different countries - of WCA (World Coal Association) in London and of the “Working Party on Coal” of the ECEUN Energy Committee in Geneva.
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Saturday, 26 December 15
FOB INDONESIA COAL SWAPS KEEP DROPPING
COALspot.com: Indonesian coal swap delivery Q1 2016 declined month on month and week over week.
According to AsiaClear OTC coal swap's rep ...
Friday, 25 December 15
WEEKLY US COAL PRODUCTION ESTIMATES DIP 8.5%
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 14.7 million shor ...
Thursday, 24 December 15
Q3' 16 FOB RICHARDS BAY COAL SWAP SHED US$ 0.60 PER TON OVER WEEK, AND STANDS AT US$ 43.25 PER TON
COALspot.com: Q1’ 2016 API4 FOB Richards Bay Coal swap decline month over month and slightly up week over week.
The Q1’ 2016 FOB R ...
Thursday, 24 December 15
GLOBAL MARINE FUEL REGULATIONS COULD SHOCK REFINING AND OIL MARKETS - OPEC | HELLENIC SHIPPING NEWS
IMO regulations call for global standards for sulphur content in marine fuel to be tightened to 0.5% from its present 3.5%. There is uncertainty ov ...
Thursday, 24 December 15
DRY BULKERS' VALUES ARE PLUNGING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Dry bulk carriers’ values are falling across the board, as the fall of freight rates is taking its toll, as is to be expected. In fact, accor ...
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- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
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