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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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Thursday, 05 November 15
INFORMATION EXCHANGE GROUP'S LATAM MINING SECURITY SUMMIT 2016 - INTERNATIONAL CONFERENCE ON TECHNOLOGY SECURITY IN MINING
Press Release: LATAM Mining Security Summit 2016 is a carefully designed event that will bring together the leading stakeholders in the mining sect ...
Wednesday, 04 November 15
MARKET INSIGHT - CHRISTOPHER THOMAS WHITTY
Four companies dominate global iron ore production, namely; BHP Billiton, Vale, Rio Tinto, and Fortescue Metals Group. Together these companies con ...
Wednesday, 04 November 15
FOB RICHARDS BAY COAL SWAPS GAIN W-W AND M-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 gained week over week and month over month.
The Q4 swap was up US$ 1.4 ...
Tuesday, 03 November 15
THE DISCHARGE OF CARGO IN THE PRC WITHOUT ORIGINAL BILLS OF LADING - CLYDE&CO
KNOWLEDGE TO ELEVATE
On occasions, a vessel may arrive at a port and be ready to discharge but the original bills of lading in respect of the ...
Tuesday, 03 November 15
API 5 FOB NEWCASTLE COAL SWAPS DECLINE CONTINUES
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery slid $1.84 per ton (4.34%) month over month to US$ 40.54 per ton. The swap ...
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- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
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