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Germany raises offshore wind targets

The ruling parties of Germany's coalition government on Monday agreed a new target of 40GW of installed offshore wind for 2040, paving the way for offshore wind to become the "main pillar" of the country's energy transition.

read more... 03/11/2020

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Less German gas priced in for 1Q21

German gas-fired generation has been largely up on the year as lower NCG gas prices and higher carbon costs supported deeper coal and lignite-to-gas fuel switching. But a recent increase in NCG gas prices has pushed up generating costs to price more gas-fired plants out of the market.

read more... 23/10/2020

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Mitsui & Co to sell all stakes in coal-fired power plants by 2030: CEO

We still own stakes in coal-fired plants in Indonesia, China, Malaysia and Morocco, but our goal is to make it zero by 2030," Mitsui CEO Tatsuo Yasunaga said in an interview on Friday

read more... 12/10/2020

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India may close its dirtiest coal plants as green focus grows

The plan under consideration by the power ministry would cap plants’ so-called heat rate, which is a measure of how much coal energy is needed to produce each unit of electricity, according to people with knowledge of the issue

read more... 07/10/2020

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Coal India sees fastest growth in output, sales for six years in Sept

State-run Coal India accounts for over 80 per cent of the country's production and is the world's largest coal miner by output

read more... 02/10/2020

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