...generated in one place using coal, fairly cheaply. • A fossil-fuelled power station can be built almost anywhere, so long as you can get large quantities of fuel to it. Most coal fired power stations have dedicated rail links to supply the coal. Sounds good, huh! Think again! The important issue as of now is whether there are more advantages than disadvantages of using coal to generate electricity! How about these… Some disadvantages of using coal to generate electricity: • It is Nonrenewable and fast depleting; • High coal transportation costs, especially for countries with no coal resources and hence will require special harbours for coal import and storage. • Coal storage cost is high especially if required to have enough stock for few years to assure power production availability. • Burning fossil fuels releases carbon dioxide, a powerful greenhouse gas, that had been stored in the earth for millions of years, contributing to global warming. • It leaves behind harmful byproducts upon combustion, thereby causing a lot of pollution. • Mining of coal leads to irreversible damage to the adjoining environment. • Mining and burning of coal pollutes the environment, causes acid rain and ruins all living creature’s lungs. • It will eventually run out. • It cannot be recycled. • Prices for all fossil fuels are rising, especially if the real cost of their carbon is included. • An average of 170 pounds of mercury is made by one coal plant every year. When 1/70 of...
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...force the company to declare a dividend in some circumstances where the company is lawfully able to do so and the terms of the company’s constitution indicate that it was the intention of the parties that the shareholders would be entitled to a fixed, mandatory dividend. Inspired by the article “Wambo, Peabody forced to pay dividends” published on the Newcastle Herald on 19 September 2014 and intensively conducting research about the relevant case Wambo Coal Pty Ltd vs Sumiseki Materials Co Ltd (2014) NSWCA 326, my assignment of media reflection will set light on some certain circumstances for payment of dividends and member’s rights as well as determine relations between the article and the Corporation Law. Article Summary On 17 September 2014, the New South Wales Supreme Court dismissed an appeal brought by Wambo Coal Pty Ltd (“Wambo”) against a decision of the Equity Division in which it was held that Wambo had failed to pay Sumiseki Materials Co Ltd dividends to which it was entitled under Wambo’s constitution. Wambo Coal Pty Ltd had two shareholders. While Peabody Australia Mining Ltd (“PAML”) held all ordinary shares on issues, Sumiseki Materials Co Ltd (“Sumiseki”) held 25 millions of B-class shares. PAML had completely controlled the company since 2006. Although the article 2.1-B of Wambo’s...
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...Chapter 4 Concentrating Solar Power Clean energy for the electric Grid Gary Gereffi and Kristen Dubay Jess Robinson and Yuber Romero Contributing CGGC researchers: by Summary Concentrating solar power (CSP), also referred to as concentrating solar thermal power, represents a powerful, clean, endless, and reliable source of energy with the capacity to entirely satisfy the present and future electricity needs of the United States. Concentrating solar power plants produce no carbon dioxide (CO2), thus reducing carbon emissions from electricity generation by approximately 600 pounds per megawatt-hour (BrightSource Energy, 2008).4 The evolution of CO2 emissions regulations, the pressure of international fossil fuel prices, and the experience, knowledge, and technological readiness amassed during several decades of CSP research have launched the technology into a new era of commercial reality. The United States and Spain have integrated CSP into their national electricity supply grids through large-scale commercial plants. Eight of the 13 biggest planned CSP projects in the world will be located in California and Arizona. The Sun Belt region of the United States, particularly the Southwest, is one of the largest areas in the world for CSP exploitation because of its abundant sunshine. In addition to generating a new clean source of energy, expansion of the industry promises to create economic opportunity for many different businesses along multiple stages of the value...
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...Executive Summary Fukushima crisis management showed system failures from the public and private actors that led to overall human error and opened a continuous debate within international community about holding nuclear plants under public hands rather than private ones whose incentives clearly differ from the public interest: * The Government and regulatory agencies failed to push Tepco to heed several anomalies and warnings causing the operator to be unprepared at an operational risk level evidencing an embarrassing incompetency to make decisions. * Tepco, as this report will prove below, lacked a culture of safety failing to respond effectively to subsequent events after the accident. For all these, the need to build an adequate resilience framework within the nuclear industry covering the main pillars: Crisis Management, Disaster Recovery, Business Continuity and Emergency Management, are paramount within risk management. Case’s Background On March 11, 2011, Japan suffered an earthquake of magnitude 9.0 with an epicenter near the northeast coast of Honshu, Japan. Consequently, a massive tsunami hit the eastern coast of Japan reaching Tokyo Electric Power Company’s (TEPCO) Fukushima Daiichi nuclear power plant causing the biggest nuclear accident in the history. Russian experts have declared that could be considered even worse than Chernobyl’s disaster 20 year ago (New Zealand Herald Online, 2 April 2011). The...
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...RUNNING HEADER: Individual Assignment Experiential Exercise Kristina Pelly Indiana Wesleyan University The two companies I chose to evaluate are China International Water and Electric Corporation and Tokyo Electric Power Company (TEPCO). China International Water and Electric Corporation are located in China, whereas Tokyo Electric Power Company is located in Japan. TEPCO serves Tokyo. As of January 15, 2012 the Fukushima Daiichi Nuclear Power Plant has shut down. This is an environmental risk of TEPCO in Japan. They utilize nuclear energy, which is not safe when a plant fails. Currently, TEPCO is offering compensation to those whom were affected by the plant shutting down. Most of Tokyo is currently without power. Tokyo is also affected by drastic and random blackouts that cause a lot of problem for their residents (TEPCO 2011). According to the China International Water and Electric Corporation (CWE) website, they are an exclusively invested subsidiary of the China Three Gorges Corporation. They invest in both electric and water and have been practicing hydropower energy for nearly fifty-four years. They are a state-owned corporation and have been contracting projects on an international basis since the 1980s. Not to mention, the China International Water and Electric Corporation are one of the top 225 International Contractors for the past twenty years (CWE 2011). CWE has accumulated abundant experience in international contracting and engineering, bring...
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...coal qualiTy conTrol COAL QUALITY CONTROL Source: Aker Solutions Daniel Mahr, P of US baSeD .e energy aSSociateS, P gives us .c, an in depTh look aT The major issues relaTing To coal qualiTy from The perspecTive of Thermal power generaTion. service, and reduced impacts. Different energy conversion technologies have their applications, but no single option does it all. Wind, solar, and hydro options don’t use any fuel, so shouldn’t we just rely on these technologies? Wind power is best sited where the duration/velocity makes sense, away from migration pathways, and away from neighbours who would object to noise and fluttering shadows. It will likely require 100 per cent back-up or additional energy storage systems, and new longer transmission lines to load centres are often required. There are similar requirements for solar power, just substitute lumens for velocity. With hydro power, there are concerns for fish migration/ spawning, land use, geological concerns for T he power industry is confronting challenges with seemingly conflicting goals – affordable rates, dependable Industrial Fuels and Power l COAL QUALITY CONTROL ‘‘As power plants face a growing need to reduce costs and environmental impacts, coal quality is increasingly an issue of interest, as a means to do more with less..‘‘ supporting the weight of a new lake, stability concerns for newly saturated perimeter hills that can result in landslides, and the impact of a drought on production. Its the delivered...
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...Coal is a fossil fuel like oil and gas. Fossil fuels are all formed out of organic matter deposited, decomposed and compressed, storing all the carbon involved under the earth's surface for millions of years. Some of the advantages of coal are - * Easily combustible, and burns at low temperatures, making coal-fired boilers cheaper and simpler than many others * Widely and easily distributed all over the world; * Comparatively inexpensive to buy on the open market due to large reserves and easy accessibility * Good availability for much of the world (i.e. coal is found many more places than other fossil fuels) * Most coal is rather simple to mine, making it by far the least expensive fossil fuel to actually obtain * Coal-powered generation scales well, making it economically possible to build a wide variety of sizes of generation plants. * A fossil-fuelled power station can be built almost anywhere, so long as you can get large quantities of fuel to it. Most coal fired power stations have dedicated rail links to supply the coal. However, the important issue as of now is whether there are more advantages than disadvantages of fossil fuels like coal! Some disadvantages of coal are that - * it is Non-renewable and fast depleting; * Coal has the lowest energy density of any fossil fuel - that is, it produces the least energy per ton of fuel * It also has the lowest energy density per unit volume, meaning that the amount of energy...
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...Case Analysis Luotang Power Company Background Luotang Power Company is a 600 Mega Watt coal-fired power plant, located in Hubei Province, China, the parent company of which is China Hua Tong Power (HT Power). The major business is to generate electricity by coal burning and sell it to Hubei Provincial Power Company (HPPC), the major customer which is the only power transmission and distribution company in Hubei Province. Whereas the coal is purchased from Pindingshan Coal Company who is required to supply low sulfur bituminous coal that meets certain quality specifications. Regardless of the improved plant availability and fuel economy, the company wasn’t performing well for the financial result. A variances analysis indicated that the poor performance was due to a combination of shrinking revenue, increasing price of the coal and decreasing quality of the coal. Company analysis Macroeconomic analysis A PESTE framework including political, economic, social, technological and environmental factors is used to contextualize the company in an industry framework. Economic aspect: China is the world second largest energy consumer behind the United States. The energy consumption has been boosted by strong economic growth over the past two decades. Its electricity consumption is influenced by fluctuations in the GDP growth. (Appendix1) Hubei led the four provinces fed by the central China grid with a 13.8% rise in economy and is said to be doubled in the next five years...
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...Lünen – State-of-theArt Ultra Supercritical Steam Power Plant Under Construction Dr. Frank Cziesla Siemens AG, Energy Sector Dr. Jürgen Bewerunge Trianel Kohlekraftwerk Lünen GmbH & Co.KG Andreas Senzel Siemens AG, Energy Sector POWER-GEN Europe 2009 – Cologne, Germany May 26-29, 2009 Copyright © Siemens AG 2009. All rights reserved. Copyright © Siemens AG 2009. All rights reserved. 1 Abstract Clean and cost-effective power generation is of paramount importance to cope with the challenges imposed by an increasing energy demand throughout the world. Investment cost and fuel costs are the main contributors to the cost of electricity. In recent years, costs associated with CO2 emissions have attracted more and more attention due to its political awareness. The efficiency of the power plant as one key value affects both the fuel costs and the amount of CO2 emitted to the environment. As coal is more abundant in many parts of the world, coal prices are less volatile and more stable than natural gas prices. But larger CO2 emissions increase the need for more efficient coal-based power generation. Ultra supercritical (USC) steam power plants meet notably the requirements for high efficiencies to reduce both fuel costs and emissions as well as for a reliable supply of electric energy at low cost. Recent developments in steam turbine technology and high-temperature materials allowed for significant efficiency gains. Siemens has more than fifteen years of...
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...Industries Thermal Power Plants Dr. M. Subramanian Associate Professor Department of Chemical Engineering Sri Sivasubramaniya Nadar College of Engineering Kalavakkam – 603 110, Kanchipuram (Dist) Tamil Nadu, India subramanianm@ssn.edu.in 20-July-2010 Rankine cycle layout 20-July-2010 M Subramanian Rankine cycle 20-July-2010 M Subramanian Rankine cycle with reheat Power plant operation • Rankine cycle with reheat – to reduce the formation of water droplets in turbine, and to increase the efficiency of the cycle. • In order to maximize the efficiency of a steam power plant it is desirable to operate as high a temperature as possible in the super-heater. However, above about 650oC various forms of metal fatigue become significant due to very high temperatures and pressures that the walls of the boiler tubes have to withstand. • A typical 500 MW coal-fired plant consumes around 250 tonnes of coal an hour. Efficiency of Thermal Power Plant • The efficiency of a Rankine cycle is usually limited by the working fluid. Without the pressure reaching super critical levels for the working fluid, the temperature range the cycle can operate over is quite small: turbine entry temperatures are typically 565°C (the creep limit of stainless steel) and condenser temperatures are around 30°C. This gives a theoretical Carnot efficiency of about 63% compared with an actual efficiency of 42% for a modern coal-fired power station. • The power output or capacity...
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...Current production costs : 1.76 cents per kWh for nuclear, 2.47 cents for coal, 6.78 cents for natural gas and 10.26 cents for petroleum. Coal accounts for 39% of global energy World Nuclear Association IAEA. Electricity Generation in Bangladesh Peak demand is catered by: Natural gas Liquid fuel Coal Hydropower 85% 6.76% 5.41% 2.45% Demand from: DESA, DESCO 1800MW REB 2200MW PDB itself 1500MW 1 TCF Coal (37MT) can produce 14000-94000 MW 1 TCF Gas can produce 22000 MW 3.5 barrels of oil = 17000 cubic feet gas = 1780 pound coal (in terms of energy production) Coal Mining Challenges in Bangladesh Khondkar Abdus Saleque, energybangla, April 2009 Solution lies in gas supply, Sharier Khan, The Daily Star Dr. Khalequzzaman, The Daily Star World Nuclear Association Energy Sector Snapshots TOTAL INSTALLED CAPACITY BPDB IPP SIPP & Rental Present generation capacity Current demand Average generation Maximum generation in history Load shedding Access to electricity Per capita generation Distribution lines (33 KV & below) 5453 MW (105 Unit) 3812 MW (59 Unit) 1330 MW (39 Unit) 311 MW (7 Unit) 4931 MW 5500 MW 3700-3800 MW 4146.9 MW 1000-1500 MW 45% 149 kWh 47,479 Route KM December - 2008 December - 2008 December - 2008 December - 2008 December - 2008 April- 2009 April- 2009 April-2009 April-2009 FY- 2008 FY- 2008 FY-2007 Bangladesh power development board, BPDB; Power Cell, Energybangla Power Sector Structure in Bangladesh Gas Sector Scenario in Bangladesh ...
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...Staring at the steady stream of traffic on Raj Path from the office window, Mr. Om Prakash was ruminating over the Coal Linkages Committee meeting that concluded a few minutes ago. “There has to be a more scientific approach that leaves no room for maneuvering, bickering and hurt feelings which follow every such meeting” wondered Mr. Om Prakash. India has a total installed generating capacity of 167 thousand megawatts, comprising 109 thousand megawatts in the Thermal sector, 37 thousand in the Hydro Sector, 17 thousand in the Renewable Sources Sector and the remaining in the Nuclear Power Sector. In the Thermal sector, 90 thousand megawatts are coal-fired power plants. The region-wise distribution of the coal fired power plants in terms of installed capacity is 4% in Delhi-Haryana, 5% in Punjab, 5% in Rajasthan, 10% in Uttar Pradesh, 10% in Gujarat, 26% in Maharashtra, 8% in Andhra Pradesh, 4% m Karnataka, 7% in Tamil Nadu, 1% in Bihar, 1% in Orissa, 11% in Jharkhand and 8% in West Bengal. Typical annual coal requirement is 5000 tons per MW of installed capacity. Coal India Ltd. is the country's major supplier of coal. Coal India's major subsidiaries are: • Eastern Coalfields (ECL): These comprise the Raniganj and Barakar Coalfields spread over Burdwan, Birbhum, Bankura and Purulia districts in West Bengal and Dhanbad District in Jharkhand, Saherjuri Coalfield in Deoghar District of Jharkhand and Hura Coalfields in Godda. • Central Coalfields (CCL): These comprise the Barka...
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...Rampal Coal-Fired Power Plant Who gains, who loses? Moshahida Sultana Ritu WHO does not know that Bangladesh needs more electricity for its economy to grow? Who does not know that every economic opportunity comes with an environmental cost, be it high or low, visible or less visible? But does this knowledge really leave us with no choice when Bangladesh signs three agreements with India to establish a 1320 megawatt coal- fired power plant in Rampal? No. Without answering the question “who pays the cost of environmental degradation and who are the ultimate beneficiaries from building the power plant?” we cannot justify building Rampal power plant. First, setting up Rampal power plant is not going to ensure our energy security; rather it may aggravate our existing problems. The newly formed joint venture company named Bangladesh India Friendship Power Company (BIFPC), with equal ownership of Bangladesh’s BPDB and India’s NTPC, will be a full-fledged commercial venture. A commercial venture with an objective of cost recovery and profit maximization is not a problem that may lead to project failure. Rather, the problem will be visible elsewhere. The source of finance and ownership will matter the most in this type of project’s sustainability. Initially Bangladesh and India will equally share up to 30 percent equity of this mega project. The remaining equity, which may be equivalent to $ 1.2 billion, will be taken as bank loan with help from the NTPC. Repaying the loan...
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... Luotang Power: Variances Explained Introduction As soon as Tan Min Yi received the 2011 Report of Operations for the Luotang Power Company, he called company Controller Fiona Zhu and Sales Manager Ricky Wang into his office to discuss the results. Tan was general manager of the Luotang Power Company, a 600 Mega Watt (“MW”)1 coalfired power plant, located in Hubei Province, China. He was scheduled to make a presentation to the Board of Directors of his parent company, China Hua Tong Power (“HT Power”), the following week about the most recent results and was concerned about their reaction to the disappointing results.2 Tan knew his company had performed well during the year. Both plant availability3 and fuel economy had improved over the previous year. Additionally the plant’s primary customer, the Hubei Provincial Power Company (“HPPC”), had met its contractual electricity purchase obligations for the year. However, there had been limited opportunity to sell energy above the contractual minimum, either to HPPC or others. Still, Tan felt that these factors were outside his control. His team had performed well—it just didn’t show up in the financial results. The scheduled presentation to the Board was important for two reasons. First, HT Power was considering a 2,000 MW expansion at Luotang. However, on a more personal note for Tan, he had been general manager of Luotang since 2002, and he hoped it would be time for a promotion. He hoped that HT Power would consider...
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...Band together to stop Coal powered plants Band together to stop Coal powered plants Coal is a major industry in America and the mining of coal is one of the major employment opportunities for people living in certain areas of the United States. Although coal plants provide income for many people there are unfortunate set backs to coal plants. Unfortunately, some of these set backs include, black lungs and medical mishaps. Coal has been the main energy source to our communities for as long as we can remember. Coal power plants release toxins in the air that have been claimed to give many people asthma. The toxins are also polluting city’s water supplies as well, which is a leading cause of cancer. According to many statistics coal is the reason that there are many deaths from cancer in certain towns in the United States. Unlike many other states California does not have coal power plants. The Los Angeles Department of Water and Power now gets 40 percent of its electricity from coal plants outside of California. Together the small businesses in Los Angeles are gathering together to support a coal free city by the year 2020. As stated above, Los Angeles is trying to go green by 2020. As long as we band together and fight against the use of these filthy coal plants we will be one step closer to helping our own community as well as others in the United States. Even though Los Angeles does not have these power plants we still contribute to the unfortunate conditions the other...
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