UK to close coal-fired power plants by 2025

Coal-fired power stations in the UK are to be closed in the next 10 years. The government made the announcement today ahead of a major speech which will set out a new direction for energy policy. Under the plans, the use of coal plants will also be restricted by 2023. Energy Secretary Amber Rudd will […]

China bans new coal-fired plants in three regions

China has announced it will ban new coal-fired power plants in three key industrial regions in the country. The Chinese Government unveiled a new action plan yesterday with pledges to tackle the country’s air pollution, which is increasingly a public concern. It aims to slash coal’s share of China’s total primary energy use to less than […]

E.ON posts 15% surge in half-year profits

E.ON has reported a 15% rise in profits for the first half of this year following a surge in gas and electricity prices during the winter. The energy firm increased prices by 8.7% for its dual fuel customers earlier this year, adding £110 to the average bill which rose to £1,370 a year. E.ON’s earnings […]

Poland secures loan for ‘first’ gas-fired plant

Poland (pictured) has secured a loan worth up to PLN 283 million (£58.3m) for the construction of the “first large scale” gas-fired power plant in the country. The combined cycle gas turbine (CCGT) plant in Stalowa Wola, located in the south east, will have a capacity of 449 MWe/240 MWt and replace the old coal-fired […]

First new power plant in 30 years in Russia’s Far East

A London based bank has announced a RUB 4 billion (£80.9 million) loan to build the first new power plant in Russia’s Far East border in the last 30 years. The Vice President of the European Bank for Reconstruction and Development (EBRD) said the 12-year loan will help Joint Stock Company ‘Energy System of East’ […]