The largest source of primary energy, coal

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sicetaitsimple
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Re: The largest source of primary energy, COAL




by sicetaitsimple » 02/12/20, 19:35

ENERC wrote:There is something that escapes me: they shut down very recent power plants, while the selection criterion is
The awarded agency submitted bids based on the ratio between the asked compensation price and the resulting CO2 emissions reduction

Normally, it should have been the older plants that are technically less efficient, right? Especially since the operators logically prefer to discard the old plants.

Yes, that may seem surprising ... But "the asked compensation price", so the "compensation" requested is taken into account.
A company that has decided to definitively exit coal (this is the case of Vattenfall, of which 2 brand new units from Moorburg are concerned) may decide to cut its hand, forearm, or arm ..... . by asking for minimal compensation. Touching 50M € or 100M € does not change much, anyway with two uneconomic 800MW units they have already lost in their accounts around 2 billion € of depreciation (order of magnitude of the cost of construction).
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moinsdewatt
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Re: The world's largest source of primary energy, coal




by moinsdewatt » 25/12/20, 10:15

China rations electricity amid scarcity of coal

AFP published on Dec. 22 2020

Despite the winter temperatures, tens of millions of Chinese face power cuts decided by the authorities, due to a limited supply of coal and environmental objectives. Residents, factories and businesses in Hunan, Jiangxi (central) or Zhejiang (east) provinces are affected by these restrictions, according to the press and local governments.

The post-Covid recovery in China is being fueled by energy-intensive sectors such as construction, straining the electricity grid and the coal supply, points out Lauri Myllyvirta, from the Energy and Clean Air Research Center ( CREA), based in Helsinki.

In early December, Hunan decreed the extinction of lights on buildings for several hours a day and limited heating in places of entertainment. The province faces an electricity deficit, officials admitted, amid rising demand due to unusually cold temperatures expected to drop to -10 degrees.

Employees in the provincial capital Changsha complain that they have to walk up to their buildings for lack of elevators. "The heating in the office is stopped (...) The temperatures will drop to -8 degrees around the New Year. Am I going to freeze to death?" One of them quipped on the Weibo social network.

In Zhejiang, factories have been ordered to stop production and streetlights are turned off at night to reduce emissions, according to the press and Internet users. The National Economic Planning Agency (NDRC) assured Monday that the supply of electricity was "broadly stable" and promised to increase the supply of coal.

These incidents illustrate the challenges of a rapidly developing China, forced to play a balancing act between the needs of its population and its environmental commitments. The Asian giant is committed to reaching its peak of CO2 emissions by 2030 and carbon neutrality by 2060.

On the internet, some are wondering about a possible link between the power cuts and the restrictions imposed by Beijing against Australian coal, against the backdrop of the Beijing-Canberra diplomatic crisis.

Coal from Australia, however, represented only 3% of total imports in 2019, according to official Chinese figures. "These restrictions have little impact," said Yan Qin, analyst at financial information firm Refinitiv. "But the Sino-Australian tensions are causing serious concerns on the commodity markets, which has pushed up the price of coal in China," he said.


https://www.connaissancedesenergies.org ... bon-201222
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moinsdewatt
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Re: The world's largest source of primary energy, coal




by moinsdewatt » 02/03/21, 20:42

Competition: the EU opens an investigation into the compensation promised by Berlin to the coal sector.
The Commission wants to ensure that the aid paid by Germany is limited to the "minimum necessary".


BOURSORAMA WITH MEDIA SERVICES • 02/03/2021

Do the roughly 4 billion euros promised by Berlin to operators for the early shutdown of coal-fired power stations in Germany constitute state aid? This is the question that must be decided by the investigation announced Tuesday, March 2 by the European Commission.

"Our role is to preserve competition by ensuring that the compensation awarded to operators of plants closing faster than expected is kept to the minimum necessary. The information currently available does not allow us to confirm with certainty that this is the case. case ", explained the European Commissioner for Competition, Margrethe Vestager, quoted in a press release.

Non-compliance with European rules?

German law plans to phase out coal for power generation by 2038. To encourage the early shutdown of power plants, Berlin plans to enter into agreements with operators and compensate them up to 4,35 billion d euros for the loss of income suffered, but also for the additional costs of mine rehabilitation.

Following a preliminary investigation, the Commission considers that such compensation "is likely to constitute State aid" which does not comply with European rules.

Brussels explains in its press release that its concerns relate in particular "to the proportionality of compensation". "The Commission doubts whether compensating operators for the very long-term shortfall is the minimum required," she said.

https://www.boursorama.com/actualite-ec ... f84719c987
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sicetaitsimple
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Re: The world's largest source of primary energy, coal




by sicetaitsimple » 11/03/21, 19:46

Closure of the Le Havre thermal power station, where there was only one 600MW coal unit in operation.

https://www.usinenouvelle.com/article/l ... t.N1070589

Perhaps this is silly, because this unit produced fewer and fewer hours in the year (therefore "polluted" less and less), but was useful during winter peaks. An administrative limitation to for example 2000 hours of annual operation would perhaps have been more effective, but the closure of coal plants was in the President's program.

We will see, but if everyone in Europe (Germany, France, UK, Spain, Italy, the Netherlands) shuts down their coal plants at the same time, it risks becoming complicated on tense winter days.
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moinsdewatt
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Re: The world's largest source of primary energy, coal




by moinsdewatt » 08/04/21, 23:37

China has started more coal power plant capacity than the rest of the world has shut down.

China Started More Coal Plants Than The Entire World Retired In 2020

By Tsvetana Paraskova - Apr 07, 2021

Despite commitments to become a net-zero emission economy by 2060, China — the world's biggest carbon emitter — commissioned more coal-fired capacity last year than the rest of the world retired, a new report showed this week.

China's coal boom in 2020 more than offset the retirements in coal capacity in the rest of the world, leading to the first increase in global coal capacity development since 2015, a report led by Global Energy Monitor (GEM) found.

China commissioned 38.4 gigawatts (GW) of new coal plants in 2020, offsetting the record-tying 37.8 GW of coal capacity retired last year, the report showed.

China's coal boom accounted for 76 percent of the global 50.3 GW new coal capacity. Globally, commissioning of new plants plunged by 34 percent annually in 2020 due to difficulties obtaining financing and delays due to the pandemic. India, which continues to rely on coal, saw coal power capacity increase by just 0.7 GW in 2020, with 2.0 GW commissioned and 1.3 GW retired, according to the report.

China also has 88.1 GW of coal power under construction. Another 158.7 GW is proposed for construction. Meanwhile, the rest of the world is retreating from coal capacity and is announcing coal retirements.

Last year, the retirements were led by the US with 11.3 GW and the EU with 10.1 GW of retired coal capacity.

“President Trump's promised coal boom was a bust as US coal plant retirements during Trump's four-year term rose to 52.4 GW, exceeding the 48.9 GW retired during President Obama's second term,” Global Energy Monitor said.

Commenting on China's coal boom, Lauri Myllyvirta, lead analyst at the Center for Research on Energy and Clean Air (CREA), said: “Dozens of new coal power projects, equal to the total coal power capacity of Germany and Poland combined, were announced last year in China. ”

“Canceling them would put the country on track to the low-carbon development the leadership says it wants to pursue,” Myllyvirta noted.

China's coal-fired power generation increased last year as growing electricity demand outpaced the installations of new clean power capacity, making China the only G-20 country with rising coal generation, climate and energy think tank Ember said in a separate report last month.


https://oilprice.com/Latest-Energy-News ... -2020.html
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sicetaitsimple
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Re: The world's largest source of primary energy, coal




by sicetaitsimple » 09/04/21, 17:19

moinsdewatt wrote:China has started more coal power plant capacity than the rest of the world has shut down.

An article (quite long) that I found interesting: https://www.carbonbrief.org/analysis-wi ... -the-2020s

Basically, China builds what is planned in the five-year plan without asking too many questions, and then revalidates a new five-year plan, which may be different.
For a country in continuous growth, this is not necessarily stupid, it is moreover roughly what the European countries did 40 or 50 years ago during the time of generally state monopolies. The economic risk of having a little overcapacity was much lower than that of being undercapacity.
But there obviously they have been in chronic overcapacity for several years, with average load factors for coal plants around 50%.
In short, RV in the next five-year plan.
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moinsdewatt
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Re: The world's largest source of primary energy, coal




by moinsdewatt » 29/04/21, 00:49

Poland: agreement with unions to close all coal mines by 2049

AFP published on Apr. 28, 2021

The Polish government and unions reached a preliminary agreement on Wednesday to close all coal mines in the country by 2049, providing severance pay for 120.000 workers and aid for the Silesian mining basin.

The State Property Ministry, which negotiated the deal on behalf of the government, called it "historic."

However, Dominik Kolorz, head of a local branch of the Solidarity union, expressed some disenchantment: "It's hard to be satisfied when you liquidate such an important industry," he said, quoted by the newspaper. Gazeta Wyborcza.

"We did what we had to do, help the workers," he said.

"It's not as if everything is over today. We have a lot of work to create alternative jobs," added the trade unionist.

The mining sector has traditionally been a sensitive subject in Poland, a country of 38 million inhabitants where miners and their families represent a large part of the electorate.

The deal has yet to be signed and submitted to the European Commission for the planned aid to be approved.

Poland currently depends on coal for 70% of its energy needs and intends to reduce this percentage to 11% by 2040 before a total elimination by 2050, a deadline set by the European Union.

Environmental organizations have called on the government to move forward to tackle one of the EU's worst pollution problems.


https://www.connaissancedesenergies.org ... 049-210428
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moinsdewatt
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Re: The world's largest source of primary energy, coal




by moinsdewatt » 09/07/21, 23:53

Zimbabwe: Chinese bank waives funding for $ 3 billion coal-fired power plant in Sengwa

Ecofin Agency July 2, 2021

Mobilizing finance for coal-fired power plants in Africa is increasingly difficult. Chinese bank ICBC has just withdrawn from financing a 2 MW coal-fired power station in Zimbabwe, a strong signal, according to NGOs, of the slowdown in financing of this type of power station.

China's largest bank, Industrial and Commercial Bank of China, is giving up funding for a $ 3 billion coal-fired power plant in Zimbabwe. This is the Sengwa coal-fired power plant project with a capacity of 2 MW, which RioEnergy, a subsidiary of RioZim, is seeking to develop in northern Zimbabwe.

According to Caleb Dengu, president of RioEnergy, ICBC had signed a formal notice of interest to finance the plant. The company is looking for other funders pending the official announcement of the Chinese bank's withdrawal.

This withdrawal would be a second blow to the bank's coal financing plans in Africa. Last year, the Kenyan government canceled a permit to build a coal-fired power plant in Lamu.

This move is expected to reduce the financing options available to developers of coal projects in Africa. Western and South African banks have come under pressure from their shareholders to stop funding projects that may contribute to climate change.

According to Go Clean ICBC, a coalition of 32 environmental groups, the bank's decision is a blow to two decades of effort devoted to the development of the project. The coalition is currently in discussions with the Chinese bank to establish a clear roadmap to stop funding coal.

She had planned to launch a global campaign last week against the bank's coal financing activities. She had to suspend this campaign because of the ongoing dialogue.


https://www.agenceecofin.com/investisse ... s-a-sengwa
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Re: The world's largest source of primary energy, coal




by Exnihiloest » 26/08/21, 19:55

 
For its participation in the efforts of COP26, China announces a + 15% increase in its CO2 emissions in 2021, 43 new coal-fired power stations and 18 new blast furnaces.
https://energyandcleanair.org/wp/wp-con ... el-CO2.pdf

And our ecologists to demand drastic anti-CO2 measures, in the name of forecasts based on a non-science, which impoverishes European citizens and will only represent one-tenth of China's increase in CO2 alone.

Well done China! : Lol:
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Re: The world's largest source of primary energy, coal




by GuyGadeboisTheBack » 26/08/21, 19:57

Go grandpa, delirium, unlock, mess around, it makes people laugh in the cottages! : Mrgreen:
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