Misplaced Pages

#737262

54-690: INA had received commitments of up to $ 10 billion prior to its launch from global companies and agencies such as the U.S. International Development Finance Corporation and the Japan Bank for International Cooperation , as well as a few foreign pension funds. The Indonesian government will support the fund with $ 5 billion in cash and other assets. The United Arab Emirates has announced a plan to invest $ 10 billion in INA According to Ministry of Foreign Affairs of Indonesia , INA has reached agreement with DP World from United Arab Emirates to develop and improving

108-417: A "unit train" may be 2 km long, containing 130-140 cars with around 100 tonnes of coal in each one, for a total load of over 10,000 tonnes. A large plant under full load requires at least one coal delivery this size every day. Plants may get as many as three to five trains a day, especially in "peak season" during the hottest summer or coldest winter months (depending on local climate) when power consumption

162-414: A new policy-based financing institution, tentatively called Japan Finance Corporation (JFC). To maintain the international trust and confidence enjoyed by previous JBIC, the international finance sector of JFC continued to use the name "Japan Bank for International Cooperation". Of the two types of operations conducted by the former JBIC, new JBIC took over IFOs in its international finance sector. JBIC

216-528: A substantial reduction in coal-related activities. Studies, including finance-based accounting of coal emissions, have revealed a misalignment of coal financing with climate objectives. Major nations, such as China, Japan, and the U.S., have extended financial support to overseas coal power infrastructure. The largest backers are Chinese banks under the Belt and Road Initiative (BRI). This support has led to significant long-term climate and financial risks and harms

270-481: A thermal power station burning other fuel types, coal specific fuel processing and ash disposal is required. For units over about 200  MW capacity, redundancy of key components is provided by installing duplicates of the forced and induced draft fans, air preheaters, and fly ash collectors. On some units of about 60 MW, two boilers per unit may instead be provided. The hundred largest coal power stations range in size from 3,000 MW to 6,700 MW. Coal

324-428: A type of thermal power station , a coal-fired power station converts chemical energy stored in coal successively into thermal energy , mechanical energy and, finally, electrical energy . The coal is usually pulverized and then burned in a pulverized coal-fired boiler . The heat from the burning pulverized coal converts boiler water to steam , which is then used to spin turbines that turn generators . Compared to

378-469: Is a thermal power station which burns coal to generate electricity . Worldwide there are about 2,500 coal-fired power stations, on average capable of generating a gigawatt each. They generate about a third of the world's electricity , but cause many illnesses and the most early deaths per unit of energy produced, mainly from air pollution . World installed capacity doubled from 2000 to 2023 and increased 2% in 2023. A coal-fired power station

432-413: Is a coal power generation technology that uses a high pressure gasifier to turn coal (or other carbon based fuels) into pressurized gas—synthesis gas ( syngas ). Converting the coal to gas enables the use of a combined cycle generator , typically achieving high efficiency. The IGCC process can also enable removal of some pollutants from the syngas prior to the power generation cycle. However, the technology

486-408: Is a growing call for stricter policies regarding overseas coal financing. Countries, including Japan and the U.S., have faced criticism for permitting the financing of certain coal projects. Strengthening the policies, potentially by banning public financing of coal projects entirely, would enhance their climate efforts and credibility. In addition, Enhanced transparency in disclosing financing details

540-530: Is a type of fossil fuel power station . The coal is usually pulverized and then burned in a pulverized coal-fired boiler . The furnace heat converts boiler water to steam , which is then used to spin turbines that turn generators . Thus chemical energy stored in coal is converted successively into thermal energy , mechanical energy and, finally, electrical energy . Coal-fired power stations emit about 12 billion tonnes of carbon dioxide each year, about one fifth of world greenhouse gas emissions , so are

594-445: Is also a member of the board. This Indonesia -related article is a stub . You can help Misplaced Pages by expanding it . This article about the economy is a stub . You can help Misplaced Pages by expanding it . Japan Bank for International Cooperation The Japan Bank for International Cooperation ( 国際協力銀行 , Kokusai Kyōryoku Ginkō ) , JBIC , is a Japanese public financial institution and export credit agency that

SECTION 10

#1732870017738

648-402: Is among the few coal-dependent fast developing countries that fully pledged to phase out unbated coal power by the 2040s or as soon as possible thereafter. Ammonia has a high hydrogen density and is easy to handle. It can be used as storing carbon-free fuel in gas turbine power generation and help significantly reduce CO₂ emissions as a fuel. In Japan, the first major four-year test project

702-456: Is captured and removed from the flue gas by electrostatic precipitators or fabric bag filters (or sometimes both) located at the outlet of the furnace and before the induced draft fan. The fly ash is periodically removed from the collection hoppers below the precipitators or bag filters. Generally, the fly ash is pneumatically transported to storage silos and stored on site in ash ponds , or transported by trucks or railroad cars to landfills . At

756-427: Is costly compared with conventional coal-fired power stations. As coal is mainly carbon , coal-fired power stations have a high carbon intensity . On average, coal power stations emit far more greenhouse gas per unit electricity generated compared with other energy sources (see also life-cycle greenhouse-gas emissions of energy sources ). In 2018 coal burnt to generate electricity emitted over 10 Gt CO 2 of

810-964: Is crucial for evaluating their environmental impacts. In India capacity factors are below 60%. In 2020 coal-fired power stations in the United States had an overall capacity factor of 40%; that is, they operated at a little less than half of their cumulative nameplate capacity. If global warming is limited to well below 2 °C as specified in the Paris Agreement , coal plant stranded assets of over US$ 500 billion are forecast by 2050, mostly in China. In 2020 think tank Carbon Tracker estimated that 39% of coal-fired plants were already more expensive than new renewables and storage and that 73% would be by 2025. As of 2020 about half of China's coal power companies are losing money and old and small power plants "have no hope of making profits". As of 2021 India

864-399: Is high. Modern unloaders use rotary dump devices, which eliminate problems with coal freezing in bottom dump cars. The unloader includes a train positioner arm that pulls the entire train to position each car over a coal hopper. The dumper clamps an individual car against a platform that swivels the car upside down to dump the coal. Swiveling couplers enable the entire operation to occur while

918-949: Is often due to burning low quality coal, such as lignite , in plants lacking modern flue gas treatment. Early deaths due to air pollution have been estimated at 200 per GW-year, however they may be higher around power plants where scrubbers are not used or lower if they are far from cities. Evidence indicates that exposure to sulfur, sulfates, or PM 2.5 from coal emissions may be associated with higher relative morbidity or mortality risk than that to other PM 2.5 constituents or PM 2.5 from other sources per unit concentration. Pollutants such as heavy metals leaching into ground water from unlined coal ash storage ponds or landfills pollute water, possibly for decades or centuries. Pollutant discharges from ash ponds to rivers (or other surface water bodies) typically include arsenic , lead, mercury , selenium , chromium , and cadmium . Mercury emissions from coal-fired power plants can fall back onto

972-476: Is prepared for use by crushing the rough coal to pieces less than 5 cm (2 in) in size. The coal is then transported from the storage yard to in-plant storage silos by conveyor belts at rates up to 4,000 tonnes per hour. In plants that burn pulverized coal, silos feed coal to pulverizers (coal mills) that take the larger 5 cm pieces, grind them to the consistency of talcum powder , sort them, and mix them with primary combustion air, which transports

1026-594: Is wholly owned by the Japanese government , and its budget and operations are regulated by the JBIC law. It is headquartered in Tokyo and operates in 18 countries with 21 offices. The main purpose of the institution is to promote economic cooperation between Japan and overseas countries by providing resources to foreign investments and by fostering international commerce . It has a major role in promoting Japanese exports and imports, and

1080-723: The Mercury and Air Toxics Standards (MATS) regulation, by effluent guidelines for water pollution , and by solid waste regulations under the Resource Conservation and Recovery Act (RCRA). Coal-fired power stations continue to pollute in lightly regulated countries; such as the Western Balkans , India, Russia and South Africa; causing over a hundred thousand early deaths each year. Damage to health from particulates , sulphur dioxide and nitrogen oxide occurs mainly in Asia and

1134-478: The OECD , Japan’s total official development assistance (ODA) (USD 17.5 billion, grant-equivalent methodology, preliminary data) increased in 2022 due to an increase in its bilateral lending, which includes support to Ukraine. ODA represented 0.39% of gross national income (GNI). Nonetheless, it was the biggest known financier of coal projects among public institutions worldwide in 2016 and continues to finance coal up to

SECTION 20

#1732870017738

1188-568: The 34 Gt total from fuel combustion (the overall total greenhouse gas emissions for 2018 was 55 Gt CO 2 e ). From 2015 to 2020, although coal generation hardly fell in absolute terms, some of its market share was taken by wind and solar. In 2020 only China increased coal power generation, and globally it fell by 4%. However, in 2021, China declared that it limited coal generation until 2025 and subsequently phase it out over time. The UN Secretary General has said that OECD countries should stop generating electricity from coal by 2030 and

1242-634: The Global Coal to Clean Power pledge. However, intricate challenges remain, particularly in developing countries such as Indonesia and Vietnam. There are 4 main types of coal-fired power station in increasing order of efficiency are: subcritical, supercritical , ultra-supercritical and cogeneration (also called combined heat and power or CHP). Subcritical is the least efficient type, however recent innovations have allowed retrofits to older subcritical plants to meet or even exceed efficiency of supercritical plants. Integrated gasification combined cycle (IGCC)

1296-542: The IFO operations accounted for ¥985.5 billion. The ODA operations were aimed mainly at developing countries, especially those in Asia, which accounted for 15.8% of the bank's operations in 2004 fiscal year. These operations provide long-term and low-interest loans to important projects that develop social structure and infrastructure of developing countries. The JBIC's financial assistance represented 40 percent of Japan's official development assistance. As of March 31, 2006,

1350-570: The ODA operations accounted for ¥770 billion. These ODA operations were merged with Japan International Cooperation Agency in 2008. As of March 2005, the country which had access to the most loans was Indonesia , followed by China and the Philippines . Brazil was the most benefited from South American countries, holding the sixth place in the bank's investments. Coal-fired power station A coal-fired power station or coal power plant

1404-493: The U.S. alone, such particulates, known as PM 2.5 (particulates with a diameter of 2.5 μm or less), caused at least 460,000 excess deaths over two decades. In some countries pollution is somewhat controlled by best available techniques , for example those in the EU through its Industrial Emissions Directive . In the United States, coal-fired plants are governed at the national level by several air pollution regulations, including

1458-529: The bottom of the furnace, there is a hopper for collection of bottom ash . This hopper is kept filled with water to quench the ash and clinkers falling down from the furnace. Arrangements are included to crush the clinkers and convey the crushed clinkers and bottom ash to on-site ash ponds, or off-site to landfills. Ash extractors are used to discharge ash from municipal solid waste–fired boilers. A well-designed energy policy , energy law and electricity market are critical for flexibility. Although technically

1512-421: The cars are still coupled together. Unloading a unit train takes about three hours. Shorter trains may use railcars with an "air-dump", which relies on air pressure from the engine plus a "hot shoe" on each car. This "hot shoe" when it comes into contact with a "hot rail" at the unloading trestle, shoots an electric charge through the air dump apparatus and causes the doors on the bottom of the car to open, dumping

1566-641: The coal on a traveling grate or the cyclone burners, a specific kind of combustor that can efficiently burn larger pieces of fuel. Plants designed for lignite (brown coal) are used in locations as varied as Germany, Victoria, Australia , and North Dakota . Lignite is a much younger form of coal than black coal. It has a lower energy density than black coal and requires a much larger furnace for equivalent heat output. Such coals may contain up to 70% water and ash , yielding lower furnace temperatures and requiring larger induced-draft fans. The firing systems also differ from black coal and typically draw hot gas from

1620-469: The coal through the opening in the trestle. Unloading one of these trains takes anywhere from an hour to an hour and a half. Older unloaders may still use manually operated bottom-dump rail cars and a "shaker" attached to dump the coal. A collier (cargo ship carrying coal) may hold 41,000 tonnes (40,000 long tons) of coal and takes several days to unload. Some colliers carry their own conveying equipment to unload their own bunkers; others depend on equipment at

1674-406: The coal to the boiler furnace and preheats the coal in order to drive off excess moisture content. A 500 MW e plant may have six such pulverizers, five of which can supply coal to the furnace at 250 tonnes per hour under full load. In plants that do not burn pulverized coal, the larger 5 cm pieces may be directly fed into the silos which then feed either mechanical distributors that drop

Indonesia Investment Authority - Misplaced Pages Continue

1728-543: The collapse of fish and invertebrate populations. As of 2018 local pollution in China, which has by far the most coal-fired power stations, is forecast to be reduced further in the 2020s and 2030s, especially if small and low efficiency plants are retired early. Coal power plants tend to serve as base load technology, as they have high availability factors, and are relatively difficult and expensive to ramp up and down. As such, they perform poorly in real-time energy markets , where they are unable to respond to changes in

1782-438: The cost of generation, but there is the risk newer plants may become stranded assets . The UN Secretary General has said that OECD countries should stop generating electricity from coal by 2030, and the rest of the world by 2040. The first coal-fired power stations were built in the late 19th century and used reciprocating engines to generate direct current . Steam turbines allowed much larger plants to be built in

1836-642: The country's activities overseas. The bank's presence can be seen both in developed and developing countries . It tries to contribute to the stability of the international financial order and follows a policy of not competing with ordinary financial institutions . The bank was one of the instruments of Japan's official development assistance (ODA), which contributes to the execution of the country's foreign policy . JBIC claims to aim at sustainable development and to be concerned about social and environmental issues , and requires environmental impact assessment studies to provide funding to any project. According to

1890-446: The early 20th century and alternating current was used to serve wider areas. Coal is delivered by highway truck, rail , barge , collier ship or coal slurry pipeline . Generating stations are sometimes built next to a mine; especially one mining coal, such as lignite , which is not valuable enough to transport long-distance; so may receive coal by conveyor belt or massive diesel-electric -drive trucks . A large coal train called

1944-402: The flexibility of some coal-fired power stations could be improved they are less able to provide dispatchable generation than most gas-fired power plants . The most important flexibility is low minimum load; however, some flexibility improvements may be more expensive than renewable energy with batteries . As of 2020 two-thirds of coal burned is to generate electricity. In 2020 coal was

1998-537: The following principles: Former JBIC had mainly two ways of performing its loans: international financial operations (IFOs) and overseas economic operations ( ODA ). These operations were independent of each other and were clearly separated in the bank's financial statements. The IFO operations include loans and equity participation in overseas projects of Japanese corporations, therefore contributing to Japanese activities overseas. These operations are aimed at both developed and developing countries. As of March 31, 2006,

2052-514: The following three functions to contribute to sound development of the international economy, including Japan: In addition to the above functions, the new JBIC will take over, on a separate account, financial operations for effective realignment of the United States military forces stationed in Japan pursuant to the relevant special legislation. The new JBIC will conduct business operations based on

2106-445: The furnace-exit level and mix it with the incoming coal in fan-type mills that inject the pulverized coal and hot gas mixture into the boiler. The ash is often stored in ash ponds . Although the use of ash ponds in combination with air pollution controls (such as wet scrubbers ) decreases the amount of airborne pollutants, the structures pose serious health risks for the surrounding environment. Power utility companies have often built

2160-407: The global energy landscape and its environmental and climate impacts have made it a subject of concern. The misalignment of coal financing with international climate objectives, particularly the Paris Agreement , has garnered attention. The Paris Agreement aims to restrict global warming to well below 2 degrees Celsius and ideally limit it to 1.5 degrees Celsius. Achieving these goals necessitates

2214-666: The infrastructures of Port of Belawan , Medan . This cooperation also involved Prima Terminal Petikemas Ltd, a subsidiary of Pelindo . In 2021, INA has reportedly become a Full Member of the International Forum of Sovereign Wealth Funds non profit organization. INA reports directly to the President of Indonesia . The supervisory board is headed by the Finance Minister , the State Owned Enterprises Minister

Indonesia Investment Authority - Misplaced Pages Continue

2268-402: The land and water in rain, and then be converted into methylmercury by bacteria. Through biomagnification , this mercury can then reach dangerously high levels in fish. More than half of atmospheric mercury comes from coal-fired power plants. Coal-fired power plants also emit sulfur dioxide and nitrogen . These emissions lead to acid rain , which can restructure food webs and lead to

2322-560: The largest source of electricity at 34%. Over half coal generation in 2020 was in China. About 60% of electricity in China, India and Indonesia is from coal. In 2020 worldwide 2,059 GW of coal power was operational, 50 GW was commissioned, and 25 GW started construction (most of these three in China); and 38 GW retired (mostly USA and EU). In 2023, global coal power capacity increased to 2,130 GW, driven by China adding 47.4 GW. At COP26 2021, countries have joined

2376-454: The locational marginal price. In the United States, this has been especially true in light of the advent of cheap natural gas, which can serve as a fuel in dispatchable power plants that substitute the role of baseload on the grid. In 2020 the coal industry was subsidized $ US18 billion. Coal financing is the financial support provided for coal-related projects, encompassing coal mining and coal-fired power stations. Its role in shaping

2430-611: The objectives of reducing CO2 emissions set by the Paris Agreement, of which China, the United States and Japan are signatories. A substantial portion of the associated CO 2 emissions is anticipated to occur after 2019. Coal financing poses challenges to the global decarbonization of the power generation sector. As renewable energy technologies become cost-competitive, the economic viability of coal projects diminishes, making past fossil fuel investments less attractive. To address these concerns and align with climate goals, there

2484-573: The plant. For transporting coal in calmer waters, such as rivers and lakes, flat-bottomed barges are often used. Barges are usually unpowered and must be moved by tugboats or towboats . For start up or auxiliary purposes, the plant may use fuel oil as well. Fuel oil can be delivered to plants by pipeline , tanker , tank car or truck. Oil is stored in vertical cylindrical steel tanks with capacities as high as 14,000 cubic metres (90,000 bbl). The heavier no. 5 "bunker" and no. 6 fuels are typically steam-heated before pumping in cold climates. As

2538-491: The ponds without liners , especially in the United States, and therefore chemicals in the ash can leach into groundwater and surface waters. Since the 1990s, power utilities in the U.S. have designed many of their new plants with dry ash handling systems. The dry ash is disposed in landfills, which typically include liners and groundwater monitoring systems. Dry ash may also be recycled into products such as concrete, structural fills for road construction and grout. Fly ash

2592-590: The present (status 2019). Following the passage of the Japan Finance Corporation Law on May 18, 2007, during the 166th Ordinary Session of the Diet, the international financial operations (IFOs) of Japan Bank for International Cooperation (JBIC) were merged with National Life Finance Corporation (NLFC), Agriculture, Forestry and Fisheries Finance Corporation (AFC), and Japan Finance Corporation for Small and Medium Enterprise (JASME) on October 1, 2008, to become

2646-441: The rest of the world by 2040, otherwise limiting global warming to 1.5 °C, a target of the Paris Agreement , would be extremely difficult. A 2024 analysis by The Economist concluded that financing phase-out would be cheaper than carbon offsets . However phasing out in Asia can be a financial challenge as plants there are relatively young: in China the co-benefits of closing a plant vary greatly depending on its location. Vietnam

2700-483: The single largest cause of climate change . More than half of all the coal-fired electricity in the world is generated in China. In 2020 the total number of plants started falling as they are being retired in Europe and America although still being built in Asia, almost all in China. Some remain profitable because costs to other people due to the health and environmental impact of the coal industry are not priced into

2754-452: Was being considered in China in 2020, but this is very expensive, reduces the energy output and for some plants is not technically feasible. Coal burning power plants kill many thousands of people every year with their emissions of particulates , microscopic air pollutants that enter human lungs and other human organs and induce a variety of adverse medical conditions, including asthma , heart disease , low birth weight and cancers . In

SECTION 50

#1732870017738

2808-672: Was created on October 1, 1999, through the merger of the Japan Export-Import Bank (JEXIM) and the Overseas Economic Cooperation Fund (OECF). JBIC became the international wing of the Japan Finance Corporation (JFC) ( 日本政策金融公庫 , Nihon seisaku kin-yu kohko ) (administered by the Ministry of Finance ) established on October 1, 2008. It became independent again from JFC on April 1, 2012. The bank

2862-568: Was started in June 2021 to develop technology to enable co-firing a significant amount of ammonia at a large-scale commercial coal-fired plant. However low-carbon hydrogen and ammonia is in demand for sustainable shipping , which unlike electricity generation, has few other clean options. Some power stations are being converted to burn gas, biomass or waste, and conversion to thermal storage will be trialled in 2023. Retrofitting some existing coal-fired power stations with carbon capture and storage

2916-477: Was the international wing of Japan Finance Corporation (JFC) from October 1, 2008 to April 1, 2012. "The predecessor of JBIC is the International Financial Operations of former JBIC. JFC once took over those IFOs in its international wing. The new JBIC constituted the international finance sector of Japan Finance Corporation (JFC), a policy-based financing institution. The new JBIC performs

#737262