Frankiy Kapin | Post Courier | January 05, 2017
MAYUR Resource’s first proposed mixed coal power generation of 50 megawatts in in the country represents a miniscule [sic] 0.005 per cent, according to the company. Mayur stated that the area of impact will be comparatively minor, whilst it will use simple mining techniques and no need for chemical processing.
PNG will mine around 300,000 tons of coal per year while Indonesia mines 300 million (and increasing) – 1000 times more and by comparison in Queensland the recently approved Adani mine will abstract up to 60 million tons per year – one of the biggest coal mines in the world, says Mayur Resources.
“Even Japan, in the post Fukushima age, is building 43 coal new fired power stations in the next 12 years that will be 467 times bigger than what PNG is proposing. Indonesia is building 100 new coal-fired power stations to lift its people to a superior level of living standard which is one thousand times bigger against PNG’s proposed EEP. In Asia alone, there is over 1 million MW of new coal fired power capacity in the pipeline. Mayur’s EEP is 50MW, which represents a miniscule 0.005 per cent of this figure. ”
The Enviro Energy Parks (EEP) will produce 15 per cent less carbon dioxide (CO2) against diesel via the use of biomass and cogeneration by product steam use. The energy park (EEP) also reduces by 16 times and 11 times respectively sulphur dioxide and nitrogen oxide that is prolifically emitted in the middle of cities in PNG.
Mayur says the EEP has been fully permitted by Conversation, Environmental Protective Authority (CEPA) as a result of being able to meet the reduced emissions stated above.
“This permit represents a new benchmark for power generation in PNG with significantly tightened emissions standards against current practice. These new standards have surpassed even what is acceptable in our first world neighbor Australia,” Mayur said.
The EEP has access to domestic (in country) vertically integrated coal supply as well as biomass and solar. (delinking power costs through vertical integration).
“The key here is priority to the power station has been contracted and will benefit the people by keeping energy costs lower. The vertical integration allows the coal price to be decoupled from international energy markets so that a far lower coal price is provided to the power station that directly benefits the people – this is responsible vertical integration where the people get the benefit from the resources,” said Mayur.