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Wednesday, 12 August 20
THE COAL MARKET IN ITALY - ASSOCARBONI
 Italy, which in 2019 reported a decrease in thermal coal imports, with a volume of 7,5 million tons (-32% compared to 11 million tons in 2018), while metallurgical coal and PCI imports were stable at 3 million tons said ASSOCARBONI in its latest report.
ASSOCARBONI further noted that, coal phase-out should be progressive over time and closely connected to structural operations in the replacement production capacities and in the transmission, distribution and energy storage systems, in order to not compromise the competitiveness and safety of the Italian Electric System.
Moreover, from an environmental point of view, in a world which will continue to produce electricity from coal, the mentioned Italian phase out by 2025 will not benefit the climate change reduction, as CO2 emissions due to Italian coal-fired plants account for 0.04% of the global CO2 emissions. Although Italian plants have a minimal impact on the level of global pollution, their closing will represent a further unnecessary burden on the Italian industrial system, which will exclusively benefit foreign gas producers, such as Gazprom, the largest Russian company, or Sonatrach, the Algerian state energy company, operating on the market under oligopoly conditions.
India and China, but also other Asian economies such as Japan, South Korea and Taiwan have based their national energy plans on coal and continue to plan coal-fired expansions using the best technologies available today.
In Europe, a country like Germany, that has always used very high percentages of coal to cover national energy needs, is preparing for coal phase out over a longer time than in Italy: in the next twenty years, only the older plants will gradually be closed, while the most efficient power plants will remain in operation and will be dismissed by 2038. However, this program will have a considerable cost, estimated in a 40 billion euros’ compensation for the loss of about 20 thousand jobs and promote the conversion of the plants.
The goal of the energy transition towards a zero-emission world by 2050 brings with it very high costs: it is estimated that the climate mitigation agreed in Paris in 2015 is worth 4.500 trillion dollars globally: the most expensive international agreement in history. In the European Union alone, it could carry an average annual cost of 1.4 trillion dollars.
In conclusion, we believe that the Italian electricity system should increase the share of renewables and we hope that the Country will be able to correctly deal with the gradual procedures for plants closure, as has already done in other European countries, which although aware of the need to face an energy transition still recognize as valid the reasons that led to the construction of coal power plants: security of supply, safety and cost effectiveness, guidelines that together with the environment constitute the foundations of energy policy.
ASSOCARBONI the Italian Association of coal operators 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.
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Friday, 04 September 20
IN A DEEPENING DEBT HOLE OF $34 BILLION, INDONESIA’S PLN MUST STOP DIGGING - IEEFA
The utility has added IDR100 trillion in debt annually for the last five years
Utilities globally started changing the way they do business ye ...
Friday, 04 September 20
KOMIPO INVITED BIDS FOR AUSTRALIAN MIN 5,700 NCV COAL FOR NOVEMBER
COALspot.com: Korea Midland Power Co. Ltd, has issued an International tender for 260,000 MT Min.5,700 kcal/kg NCV coal November, 2020 loading. Acc ...
Thursday, 03 September 20
BRINGING SERVICES OF FTCCI CLOSER TO THE EXPORTERS AT GMR AIR CARGO COMPLEX AT SHAMSHABAD
Press Release: “FTCCI Trade Facilitation Services at your doorstep now” says J.S. Chandrashekar, IRS., Principal Commissioner of Custom ...
Thursday, 03 September 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Wednesday, 02 September 20
COAL PRODUCTION FALLS 7% IN APR-AUG; OFF TAKE DIPS 13.4% - FINANCIAL EXPRESS
In the month of August coal off take also increased 9.3% y-o-y to 44.34 MT as compared with 40.57 MT in the same period last year.
C ...
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- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Planning Commission, India
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