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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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Wednesday, 02 September 20
MARKET INSIGHT - INTERMODAL
The imminent global shift towards eco-friendliness has caused divide among the shipping community because there is no outlined, clear-cut way via w ...
Wednesday, 02 September 20
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Tuesday, 01 September 20
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Tuesday, 01 September 20
COVID-19 PUSHES US LNG INTO A TIGHT SPOT - DREWRY
The pandemic-led weak projections for economic growth will derail US LNG exports in full-year 2020 with the country also losing ground in the long ...
Monday, 31 August 20
DEFECTIVE PASSAGE PLANNING: UNSEAWORTHINESS OR A NAVIGATIONAL DECISION? THE CMA CGM LIBRA QUESTION SAILS ON TO THE UK SUPREME COURT - GARD
KNOWLEDGE TO ELEVATE
The UK Supreme Court has granted leave to appeal the recent decision in Alize 1954 v Allianz Elementar Versicherungs AG ( ...
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- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
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- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
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- Semirara Mining and Power Corporation, Philippines
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- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Independent Power Producers Association of India
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- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Indian Oil Corporation Limited
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- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
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- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
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- Indonesian Coal Mining Association
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- Romanian Commodities Exchange
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
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- TNB Fuel Sdn Bhd - Malaysia
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- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
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- Cement Manufacturers Association - India
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
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- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
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- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
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- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
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- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
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- Kapuas Tunggal Persada - Indonesia
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- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
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- Tamil Nadu electricity Board
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