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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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Wednesday, 25 November 15
BIG CHINESE COPPER PROCESSORS DEFEND MARGINS THROUGH R&D, SAYS FITCH
Large Chinese copper processors are focusing on higher value-added products and investing in R&D to enhance their technical know-how to maintai ...
Wednesday, 25 November 15
BIMCO LAUNCHES ANTI-CORRUPTION CLAUSE FOR SHIPPING CONTRACTS WORLDWIDE
COALspot.com: BIMCO, is the world’s largest international shipping association, with 2,200 members in around 130 countries, has now launched ...
Wednesday, 25 November 15
TANKER MARKET INSIGHT - GEORGE VASTARDIS
We have already noticed obvious signs of activity mainly West of Suez, which are currently driving the clean MR market to higher levels. Over the p ...
Tuesday, 24 November 15
COAL SUPPLY PRESSURE PUTS INDONESIAN HBA IN FREE FALL
The coal industry is slowly recognizing that, the current coal price level is not a decrease in price, but a change in pricing to corresp ...
Tuesday, 24 November 15
COAL PRICES SET TO REMAIN UNDER PRESSURE UNTIL 2016 DUE TO OVER SUPPLY GLUT; H1 '16 COAL SWAPS DOWN 13% M-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $5 per ton (12.05%) month over month to US$ 36.50 per ton. The s ...
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- Minerals Council of Australia
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- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
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- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
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- Power Finance Corporation Ltd., India
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- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
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- Standard Chartered Bank - UAE
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
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- Sree Jayajothi Cements Limited - India
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- GAC Shipping (India) Pvt Ltd
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- South Luzon Thermal Energy Corporation
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- Orica Australia Pty. Ltd.
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- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- The University of Queensland
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- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
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- Thiess Contractors Indonesia
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- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
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- Globalindo Alam Lestari - Indonesia
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- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
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- Heidelberg Cement - Germany
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- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
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- Ministry of Mines - Canada
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- Salva Resources Pvt Ltd - India
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- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
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- Tamil Nadu electricity Board
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- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
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- Kumho Petrochemical, South Korea
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- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
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- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Planning Commission, India
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