052012_Impacts of seaborne trade on coal importing countries - global summary_ccc197.pdf - Impacts of seaborne trade on coal importing countries \u2013

052012_Impacts of seaborne trade on coal importing countries - global summary_ccc197.pdf

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Impacts of seaborne trade on coal importing countries – global summary Paul Baruya CCC/197 ISBN 978-92-9029-517-4 May 2012 copyright © IEA Clean Coal Centre Abstract In recent years, there has been a convergence of international trade with traditional domestic markets, with import increasing into many coal producing regions, the influence of trade on domestic markets has been twofold. Firstly, imported coal displaces domestic production, and in doing so, secondly international price trends may drive prices of what remains of the indigenous market for coal. While international trade does not provide any additional benefits in terms of reduced CO 2 at a coal-fired power stations, importing coal provides many benefits, such as cost savings, improved coal quality, enhanced supply diversity, and often fills a gap which is left where domestic supply is unable to fulfil. This report examines the various factors that have led to rise in popularity of seaborne-traded coal, and seeks to discuss the future of domestically produced coal in some of the major coal markets of the world. This report provides a global perspective of the changing trends in coal imports. Two separate reports provide more detail of the Atlantic and Pacific markets. Acknowledgements Mrs M Rademacher (E.ON) Ms C Camp (independent) Dr G Morrison (editorial) Mr P Torslev (Dong Energy) Mr J Dean (JD Associates) Ms C Amueller (independent)
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Acronyms and abbreviations 2 IEA CLEAN COAL CENTRE API2 coal price indices for northwest Europe AR as received ARA Amsterdam, Rotterdam, and Antwerp AUS Australia BAFA German domestic pricing system BAT best available technology Ca calcium CAA Clean Air Act (USA) CAPP Central Appalachia CCGT combined cycle gas turbine CFBC circulating fluidised bed combustion CIF cost, insurance and freight (coal price at destination port prior to unloading) CIL Coal India Limited Cl chlorine CNCIEC China National Coal Import Export Commission COL Colombia COP Conference of the Parties Crore 10 million DB Deutsche Bahn DES delivered ex-ship DGTREN Directorate General of Transport and Energy (EU) dwt dead weight (freight capacity, typically the maximum cargo capacity) EC European Commission EIA Energy Information Administration (US Department of Energy) ELV emission limit values EUETS European Union emissions trading system FGD Flue gas desulphurisation FOB free on board (coal price at export port) GDP gross domestic product GJ/t gigajoule per metric tonne Gt gigatonne (1000 Mt) GWe Gigawatt electrical generating capacity (= 1000 MWe, one watt = 1 joule per second) ha hectare HCl hydrogen chloride HEPCO Hokkaido electric Power Company HGI Hardgrove Grindability Index IDT Fusibility of Ash IEA International Energy Agency IEA CCC International Energy Agency Clean Coal Centre IED Industrial Emissions Directive IGCC integrated gasification in combined cycle INDO Indonesia INR Indian rupees IPP independent power producer/production kcal/kg kilocalorie per kilogramme (typically net), referring to the heating value of steam coal km kilometre KRW
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