Economics of the international coal trade why coal continues to power the world /
This book is the 2nd edition of the Economics of the International Coal Trade. Coal is the single most important source of power on our planet and today accounts for 40% of electricity generation and 30% of primary energy. The world's appetite for energy is still far from being met. Until 2050,...
| Main Author: | Schernikau, Lars. |
|---|---|
| Other Authors: | SpringerLink (Online service) |
| Format: | eBook |
| Language: | English |
| Published: |
Cham :
Springer,
2016.
Cham : 2016. |
| Physical Description: |
1 online resource (483 pages) |
| Edition: | 2nd ed. |
| Subjects: |
| Summary: |
This book is the 2nd edition of the Economics of the International Coal Trade. Coal is the single most important source of power on our planet and today accounts for 40% of electricity generation and 30% of primary energy. The world's appetite for energy is still far from being met. Until 2050, an additional 6+ billion people will require access to proper power. "Why Coal Continues to Power the World" introduces the reader to the global coal business; its importance; its source; its global demand, supply and trade; its use; its environmental impact; and its future. Despite recent price hikes, coal does not appear to be a popular subject today, which may explain the little attention it receives in the scientific community. Since writing the first edition during the commodity super cycle in 2006-2008, the world has changed. How has this impacted the global world of coal? This book is useful to energy economists, businessmen, politicians, university professors, high school teachers, students and anyone with an interest in how the world is powered. It is also helpful to anyone studying climate change and global warming. This new edition of the book includes previously not covered special sections on: * Coal analysis and sampling with a special section on moisture * A technical summary of all key coking coal characteristics in Appendix 2 * Coking coal, iron ore and the steel industry * Cement and petcoke markets * Global gas markets and the shale gas revolution in the US * Nuclear energy and the history of the oil market * Renewable energy and the German {u201E}Energiewende" * Power plant technology and CO2 sequestration and processing * The role of CO2 and why man-made CO2 does not cause global warming Apart from giving an in-depth overview of the global coal business, in this book the author argues that coal is far from "dead". Some of my key messages are contrary to popular beliefs: (1) The importance of coal will further increase in absolute and likely even in relative terms for decades to come. (2) Man-made CO2 has no effect on global temperatures and combustion of fossil fuels does not influence the weather. (3) We cannot stop the advance of coal, we can only make this process as environmentally sustainable as humanly possible. Therefore, mankind needs to embrace coal as the "bridge" from the Oil Age to the Solar Age (through the "New Energy Revolution"). (4) Industrialized nations have to invest in coal and in all means to more efficiently burn coal in order to truly help the global environment and reduce global dust, SOX, and NOX emissions. |
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| Item Description: |
Foreword; Acknowledgements; Contents; Abbreviations and Definitions; List of Figures; List of Tables; I Executive Summary; 1.1 Source of Coal; 1.2 Use of Coal; 1.3 Regional Analysis of Global Steam Coal Demand and Supply; 1.4 Freight and Logistics; 1.5 The Global Perspective: Trade Flows, Derivatives and Market Abuse, Market Participants, Price Drivers and Investment Sentiment; 1.6 Environment-CO2 and Coal, Geopolitics and Policy; 1.7 Conclusions, Implications and the Future of Coal; II Introduction; 2.1 Prelude; 2.2 Book Structure and Market Definition; 2.2.1 Book Structure. 2.2.2 Market DefinitionIII Source of Coal; 3.1 The Fundamentals of Energy Sources and Fossil Fuels; 3.2 Coal Formation; 3.3 Classification of Coal; 3.4 Key Characteristics of Steam Coal; 3.4.1 Calorific Value; 3.4.1.1 Analyzing for Calorific Value; 3.4.2 Ballast: Moisture and Ash and Ranking of Coal; 3.4.2.1 Moisture; 3.4.2.2 Mineral Matter Free Basis; 3.4.2.3 Ash; 3.4.2.4 Ash Fusion Temperatures (AFT), Fouling and Slagging Index; 3.4.2.5 Ash Analysis; 3.4.3 Volatile Matter; 3.4.4 Fixed Carbon; 3.4.5 Sulphur; 3.4.6 Size, Grindability, Nitrogen, Chlorine and Fluorine. 3.5 Key Characteristics of Coking Coal3.6 Coal Sampling and Analysis; 3.6.1 Sampling; 3.6.1.1 Sampling; 3.6.1.2 Manual Sampling; 3.6.1.3 Mechanical Sampling; 3.6.2 Sample Preparation; 3.6.3 Coal Analysis and Reproducibility; 3.6.3.1 Reproducibility; 3.7 Analysis of World Coal Production, Reserves and Resources; 3.8 Mining Cost Analysis; 3.8.1 Optimal Use of Resources; 3.8.2 Coal Mining Methods: Surface and Underground Mining; 3.8.2.1 Surface Mining; 3.8.2.2 Underground Mining; 3.8.3 Investments in Coal Mining; 3.8.4 Coal Mining Operating Costs. 3.8.5 Environmental and Safety Issues Associated with Coal Production3.8.5.1 Emissions from Equipment; 3.8.5.2 Land Disturbance and Mine Subsidence; 3.8.5.3 Water, Dust, and Noise Pollution; 3.8.5.4 Methane Emissions; 3.8.5.5 Safety in Coal Production; 3.9 Coal Upgrading-Washing and Drying; 3.9.1 Coal Washing; 3.9.2 Coal Drying; IV Use of Coal; 4.1 Introduction to Coal and Energy; 4.2 Steel, Cement, and Other Industrial Markets; 4.2.1 Steel, Coking Coal, Coke, and Iron Ore; 4.2.2 Cement and Coal; 4.2.3 A Discourse on Petroleum Coke; 4.3 Introduction to Power Markets. 4.4 Coal-Fired Power Plant Technologies and Energy Efficiency4.4.1 Coal Preparation; 4.4.2 Coal Burning; 4.4.3 Electricity Generation; 4.5 Coal Burn Today Is Worse for the Environment Than a Decade Ago; 4.6 The Future of Power Plant Technology: Increased Efficiency, Reduced CO2; 4.6.1 Efficiency and Boiler Types; 4.6.2 Capturing CO2: CCS and CCP; 4.6.3 Investments in Power Plants; 4.7 Alternative Use of Coal: CtL, CtG, CBM, and UCG; 4.7.1 Coal-to-Liquid and Coal-to-Gas; 4.7.2 Coalbed Methane and Underground Gasification; 4.7.3 Environmental Impact of CtL and CtG. 4.8 Comparative Analysis of Coal Substitutes for Power Generation. This book is the 2nd edition of the Economics of the International Coal Trade. Coal is the single most important source of power on our planet and today accounts for 40% of electricity generation and 30% of primary energy. The world's appetite for energy is still far from being met. Until 2050, an additional 6+ billion people will require access to proper power. "Why Coal Continues to Power the World" introduces the reader to the global coal business; its importance; its source; its global demand, supply and trade; its use; its environmental impact; and its future. Despite recent price hikes, coal does not appear to be a popular subject today, which may explain the little attention it receives in the scientific community. Since writing the first edition during the commodity super cycle in 2006-2008, the world has changed. How has this impacted the global world of coal? This book is useful to energy economists, businessmen, politicians, university professors, high school teachers, students and anyone with an interest in how the world is powered. It is also helpful to anyone studying climate change and global warming. This new edition of the book includes previously not covered special sections on: * Coal analysis and sampling with a special section on moisture * A technical summary of all key coking coal characteristics in Appendix 2 * Coking coal, iron ore and the steel industry * Cement and petcoke markets * Global gas markets and the shale gas revolution in the US * Nuclear energy and the history of the oil market * Renewable energy and the German {u201E}Energiewende" * Power plant technology and CO2 sequestration and processing * The role of CO2 and why man-made CO2 does not cause global warming Apart from giving an in-depth overview of the global coal business, in this book the author argues that coal is far from "dead". Some of my key messages are contrary to popular beliefs: (1) The importance of coal will further increase in absolute and likely even in relative terms for decades to come. (2) Man-made CO2 has no effect on global temperatures and combustion of fossil fuels does not influence the weather. (3) We cannot stop the advance of coal, we can only make this process as environmentally sustainable as humanly possible. Therefore, mankind needs to embrace coal as the "bridge" from the Oil Age to the Solar Age (through the "New Energy Revolution"). (4) Industrialized nations have to invest in coal and in all means to more efficiently burn coal in order to truly help the global environment and reduce global dust, SOX, and NOX emissions. Includes bibliographical references. Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK). WlAbNL. |
| Physical Description: |
1 online resource (483 pages) |
| Bibliography: |
Includes bibliographical references. |
| ISBN: |
9783319465579 3319465570 3319465554 9783319465555 |
| Access: |
Legal Deposit; |