Report: Nearly 80% of EU Coal Units Operate at a Loss

Credit to Author: Darrell Proctor| Date: Thu, 24 Oct 2019 14:23:56 +0000

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A new report from a group that studies the impact of climate change on financial markets recommends that European Union (EU) governments move to phase out coal-fired power generation completely by 2030 in order to avoid even-greater economic damage. Carbon Tracker, a London, UK-based group supported by foundations in Europe and the U.S., on Oct. 24 […]

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RWE Will Close Wales Plant, Leaving UK With Four Operating Coal Units

Credit to Author: Darrell Proctor| Date: Fri, 02 Aug 2019 16:32:34 +0000

German utility RWE on August 1 announced it will close its last coal-fired power plant in the UK. The closure of the Aberthaw B power station in south Wales, scheduled by the end of March 2020, means just four coal plants will be operating in the UK. The plant originally was scheduled to be shuttered […]

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Germany’s Coal Exit Bound to Be Complicated

Credit to Author: POWER| Date: Fri, 01 Mar 2019 00:00:00 +0000

Eight years after Germany decided it would halt nuclear power production by 2022, the country that relied on lignite and hard coal for 38% of its generated power in 2018 will phase out coal by 2038 or earlier

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THE BIG PICTURE: World’s Biggest Power Companies

Credit to Author: POWER| Date: Fri, 01 Feb 2019 05:00:41 +0000

In 2017, the 10 largest power companies, ranked by their installed generation capacity, owned 18% of total global installed capacity, while the next-largest 15 owned around 10%—meaning that the top 25 companies own nearly 30% of global installed power generation capacity, according to the International Energy Agency (IEA). Chinese companies account for more than one-eighth of global installed […]

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