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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, 21 August 20
BHP COMMITS TO SELLING ITS THERMAL COALMINES WITHIN TWO YEARS - THE GUARDIAN
Move follows pressure from investors but company stops short of full exit from coalmining
BHP has announced it plans to sell off its ...
Thursday, 20 August 20
MINER BHP CONFIRMS PLANS TO EXIT THERMAL COAL SECTOR - THE SYDNEY MORNING HERALD
The head of mining giant BHP has laid out plans for a reshaping of its global operations by seeking to quit thermal coal mining, offload some cokin ...
Thursday, 20 August 20
LONDON RETAINS ARBITER CROWN - BALTIC EXCHANGE | HFW
Fears that the UK’s decision to leave the European Union would dent the reputation of the nation’s capital as the leader in maritime ar ...
Wednesday, 19 August 20
U.S. COAL STOCKPILES STEADILY INCREASE AFTER REACHING LOWEST LEVEL IN A DECADE IN 2019 - EIA
After reaching their lowest level in more than a decade in March 2019, U.S. coal stockpiles steadily increased to 152 million tons in April 2020, r ...
Wednesday, 19 August 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.26 PCT - XINHUA
China Taiyuan coal transaction price index stood at 124.92 points Monday, down 0.26 percent week on week.
The index, released by Chi ...
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- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Central Electricity Authority - India
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Planning Commission, India
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
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