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China Must Close Coal Power Plants By 2045 To Meet Climate Goal

China must shut down by 2045 at the latest all coal power plants operating without carbon capture if Beijing is to meet its goal to become “carbon neutral” by 2060, researchers said on Thursday.

read more... 11/12/2020

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Greece's PPC to spend 3.4 bln euro on power grid, renewables by 2023

The coal-reliant utility has pledged to shut down all but one of its coal-fired plants by 2023 to help Greece reduce carbon emissions in line with climate targets

read more... 03/12/2020

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RWE, Steag, Uniper, Vattenfall win coal closure deals

German utilities RWE, Steag, Uniper and Swedish utility Vattenfall will close some of their coal-fired plants, with a combined capacity of 4.4GW, after being successful in the first German tender for the closures of such facilities.

read more... 02/12/2020

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EU approves German scheme to compensate hard coal plants for early closure

The energy regulator will publish seven tenders for the closure of hard coal and small lignite-fired power plants that will take place annually until 2026

read more... 30/11/2020

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EU approves German coal phase-out tender mechanism

The European Commission today said Germany's coal phase-out tender mechanism to compensate operators for early closures promotes climate objectives and is in line with state-aid rules. But it said it will investigate the mechanism for closing lignite-fired plants.

read more... 26/11/2020

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