EU approves Danish state aid for coal to biomass plant

Jun 22, 2017 Priyanka Shrestha Coal, Gas & Oil, Low Carbon, Markets & Finance 0

The European Commission has approved Danish state aid worth DKK57 million (£6.74m) to convert a cogeneration plant from coal to biomass. DONG Energy Thermal Power’s new unit in Kalundborg will...

Global energy demand ‘slows for third year in a row’

Jun 17, 2017 Jonny Bairstow Infrastructure & Generation, Markets & Finance, Top Stories 0

Global energy demand in 2016 slowed for the third year in a row. That’s according to the latest Statistical Review of World Energy from BP, which reveals the demand growth that does continue to...

India scraps 14GW of coal as solar price plummets

May 30, 2017 Jonny Bairstow Coal, Gas & Oil, Infrastructure & Generation 0

India has cancelled plans to install nearly 14GW of coal generation as solar prices plummet. The Director of Energy Finance Studies at the Institute for Energy Economics and Financial Analysis...

‘War on coal is over’, says US environment agency head

May 24, 2017 Priyanka Shrestha Coal, Gas & Oil 0

The head of the US Environmental Protection Agency (EPA) met with coal state lawmakers this week, reassuring them the “war on coal is over”. EPA Administrator Scott Pruitt also highlighted the...

New mandate sounds death knell for ‘third of EU coal’

May 08, 2017 Jonny Bairstow Coal, Gas & Oil 0

A third of Europe’s existing coal capacity must retrofit or close to meet a new EU air quality mandate. That’s according to a new report from the Institute for Energy Economics and Financial...

French president-elect backs renewable energy

May 08, 2017 Priyanka Shrestha Energy Efficiency, Low Carbon 0

French President-elect Emmanuel Macron has set a target to double the nation’s wind and solar capacity by 2022. He made the pledge during an event prior to winning the presidential race. Mr...

Investment firm divests from coal-intensive assets

Apr 26, 2017 Jonny Bairstow Coal, Gas & Oil 0

An investment firm is to divest from companies which rely on coal for more than half of their revenue. AXA Investment Managers (AXA IM) yesterday announced its intention to step away from...

UK to see first coal-free day since Industrial Revolution

Apr 21, 2017 Priyanka Shrestha Coal, Gas & Oil, Infrastructure & Generation, Top Stories 0

The UK is set to run a full day without coal since the start of the Industrial Revolution. According to National Grid, today is likely to be the first ever working day in Britain without coal....

European energy firms pledge no new coal from 2020

Apr 05, 2017 Priyanka Shrestha Coal, Gas & Oil, Top Stories 0

Energy companies in Europe have pledged not to build any new coal-fired power plants in the EU after 2020. The announcement was made at a conference in Brussels today, where the European power...

Activists stop work at SE Asia’s biggest coal plant

Mar 30, 2017 Jonny Bairstow Coal, Gas & Oil 0

Environmental protestors today stopped construction for 13 hours at Southeast Asia’s biggest planned coal plant. The activists, from green groups Greenpeace Indonesia, WALHI and Jatam, are...