The Chinese National Energy Administration suspends 104 coal plants planned and under construction with a total capacity of 120GW. In total, China wants to reduce 800 million tons of coal capacity annually, to comply with its Plan to develop the energy sector in China by 2020.
The International Institute for Law and the Environment, IIDMA, denounces that the plan granting large coal power plants in Spain to emit pollutants above the limits set by the European Union does not comply with the law and does not reflect the real situation. In a statement it explains that, according to a European Directive, […]
Japan has become more and more dependent on liquefied natural gas and imported coal after initial intention of trying to minimize the presence of nuclear power in its electricity mix following the catastrophic accident at the Fukushima plant. However, although coal and gas prices fell in 2015 the cost of electricity in the country has increased. It seems that renewable development has not been enough in the country that again looks towards nuclear.
It means the authorization of the "Action Framework for mining in the period 2013-2018" as well as an additional incentive for coal based on the difference between the international price and price in 2013, when the Closure Plan was adopted. Thus, companies will be offset by the fall in international prices.
Mining regions in Spain have been dragging on a social, labor and economic decline for a few decades. And it is true that there has been some investment effort to transform its business structure but it has been insufficient. Now Castile and Leon Revitalization Plan 2016-2020 will allocate 5 million euros a year to finally achieve take off.
Large utilities are required to invest in environmental improvement in de-nitrification of their coal power plants. To encourage them to do so and thus avoid their plants closure, last year the government offered incentives to companies that improved their plants provided they consumed domestic coal. This is the case of Viesgo´s thermal power plant of […]
Generation of electricity from coal is losing the "war" against natural gas in the US. According to the Energy Information Administration, gas has overtaken the coal share in July for the second time in history, reaching 35% of total generation compared with 34.9% of the black fuel. The reason: the price of gas is so low that coal is overthrown.
By Laura Ojea. European energy policies are heading towards the green energies and efficiency direction, but in Spain the coal industry believes it still has a long way to go. Given the uncertainty in the energy future of our country, Endesa has announced that, for the moment, it will maintain its thermal plants and whether to renew them or to shut them down shall be decided at a later stage.
Coal plants in the United States are being shut down, a situation which also continues on the rise. According to a report by Bloomberg New Energy Finance, it is "the largest wave of coal plants’ closures in US history" with the closure of 23 GW of coal capacity planned this year, and a total of 50 GW by 2020. Will something similar happen in Spain?