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

London-based bank buys stake in Polish power producer Tauron

By 2030, the company aims to generate more than 65% of its energy from zero and low emission sources while reducing greenhouse gas emissions by half

US invests $39m to improve existing coal power stations

Projects aim to improve the efficiency, reliability and flexibility of the nation’s coal-fired fleet

Trump moves to relax emissions limit on US coal plants

Around 600 coal-fired units at 300 facilities could be covered by the proposed rule

Chinese coal plants to be digitally managed

A total of 19 coal-fired units in China are to be managed using a digital solution. Siemens is setting up the integrated and connected Remote Operation Centre (ROC) for China Resources Power Holdings Company’s (CR Power) coal fleet, which will give real-time insights into the operational conditions of the plants. Based on the insights, Siemens’ […]

SSE likely to close three units at UK coal plant

SSE said it is most likely to close three of the four units at its 1,995MW coal-fired power plant. It is consulting with 213 employees and other stakeholders at Fiddler’s Ferry Power Station in Cheshire about the proposal to end commercial operations. Although a final decision hasn’t been taken yet, the Big Six energy supplier […]

OECD nations agree to cut export finance for coal

Several major economies including the US, EU and Japan have agreed to restrict public financing for coal-fired power plants in other countries. Under the deal struck by the members of the Organisation for Economic Co-operation and Development (OECD), export financing for the “least efficient” coal power stations will be limited. However funding would still be […]

Germany to pressure coal plants closed?

Germany is reportedly planning to pressure more of its coal plants to close so it can keep to its ambitious goal for slashing carbon emissions. The nation’s economy ministry is allegedly drafting laws asking companies to cut emissions by 22 million tonnes by 2020, according to a draft document seen by Reuters. This would affect three […]

US energy firm to spend $1bn to upgrade coal plants

A US energy firm is to spend more than $1 billion (£0.6bn) to modify its coal-fired power stations to reduce harmful air pollution. It is part of Consumers Energy’s settlement with the US Environmental Protection Agency (EPA), which resolves claims the company violated the Clean Air Act. Consumers Energy will install, upgrade and operate pollution […]

npower profits down 38%

Energy supplier npower admitted profits are down 38% for the first half of 2014. Profits dropped from £176 million in January to June 2013, to £109 million for the same period this year, according to its half-year performance figures. The UK supplier which is owned by German energy giant RWE said this represents a profit of […]