France plans to phase out coal by 2021

29/01/2018 15:53 Coal

news

France made known about its intention to shut down all coal-fired power plants by 2021 to strengthen its stance in the fight against climate change.

Emmanuel Macron, the President of France, declared about his plan to fasten coal phase-out by two years.  His predecessor, Francois Hollande, initially set the deadline for switching to cleaner energy generation by 2023.


According to RTE, the French transmission system operator, coal represents only around 1% of the country’s electricity generation.


The initiative project is expected to provide a symbolic shift from fossil fuels to greener alternative, and also to help improve France’s economy by removing negative aspects such as the cost of pollution and damage to health.


As the price of clean energy constantly falls, more and more nations around the globe are committing to phase out coal in the next ten years.


Great Britain has emphasized its target to eliminate the consumption of the polluting fuel source by 2025.

Ovo takeover of SSE gets go-ahead

11/12/2019 08:41:00

Energy provider Ovo’s David and Goliath £500 million takeover of giant SSE today won the approval of competition regulators.

<READ MORE

Denmark eyes 10GW offshore wind 'islands' in $45bn plan

11/12/2019 08:38:00

Denmark unveiled plans for one or more ‘energy islands’ each supporting at least 10GW of offshore wind at a cost of up to DKr300bn ($44.5bn), in what could be the world’s most ambitious renewable energy scheme to date.

READ MORE

EU basks in 17GW solar boom

11/12/2019 08:34:00

Almost 17GW of new solar capacity has been added in the EU this year, an increase of 104% on 2018, according to a report from SolarPower Europe.

READ MORE