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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, 19 January 24
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Showing 31 to 35 news of total 6846 |
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- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- The University of Queensland
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
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