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Germany postpones decision on coal exit until February

Germany has postponed until February a decision on how fast Europe’s largest economy should phase out brown-coal-fired power plants and whether the government should compensate utilities as well as regions that could face job losses, a commission said.

read more... 27/11/2018

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Sweden to reach renewables target 12 years early on wind surge

Swedish utilities and power generators have already installed so many wind turbines that the Nordic nation is on course to reach its 2030 renewable energy target late this year.

read more... 05/07/2018

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Germany to compensate utilities for nuclear phaseout losses

The German cabinet has agreed to grant compensation of up to EUR1 billion (USD1.17 billion) to the utilities forced to shut down their nuclear power plants by the Energiewende, or energy transition, that the government of Chancellor Angela Merkel introduced in response to the Fukushima Daiichi nuclear power plant accident in Japan in March 2011. At that time, Germany was obtaining around a quarter of its electricity from 17 nuclear reactors operated by EnBW, EOn, RWE and Vattenfall.

read more... 28/05/2018

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GE to construct 1GW Ostroleka C ultra-supercritical coal power plant in Poland

Under the terms of engineering procurement and commissioning (EPC) accord, GE-controlled group will build the Ostroleka C ultra-supercritical (USC) coal-fired power plant for Polish state-run utilities Energa and Enea.

read more... 06/04/2018

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Polish utilities aim to increase thermal coal imports, while US coal is not pricing in

According to market sources, Polish power utilities aim to import more seaborne thermal coal because of weaker levels of domestic production.

read more... 16/03/2018

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