CDC Group, the UK’s development finance institution, has unveiled a plan to achieve net zero emissions across its portfolio by 2050 in support of the Paris Agreement on climate change.
On June 30, Spain shut down eight of its 15 coal-fired power stations saying that they were unprofitable and to comply with European regulations on industrial emissions.
Korea Electric Power Corporation (KEPCO) has announced that it will continue to develop a thermal power project worth $3.2 billion in Indonesia.
Adani Power Limited (APL) has announced that it has signed a definitive agreement to acquire a 49 per cent stake in Odisha Power Generation Corporation (OPGC) from the affiliates of AES, the US-based global energy company.
Kawasaki Heavy Industries of Japan has signed an agreement with Japan Coal Energy Centre and the state of Wyoming in the US to develop a carbon capture test project to be conducted at the Wyoming Integrated Test Center at Dry Fork Station power plant.
The Government of Laos has approved a plan by Evolution Power Investment Corporation (EPIC) of Singapore to develop of 1000MW coal-fired power plant in the southern province of Sekong.
Power company Enel Chile and its electricity generation subsidiary Enel Generacion Chile have decided to close their last coal-fired plant in 2022 to exit coal-fired electricity generation earlier than had been agreed with the Chilean Government.
GenOn has announced that it will retire units 1, 2 and 3 of its Dickerson Generating Station in Maryland, USA due to: “Unfavourable economic conditions and increased costs associated with environmental compliance.”
Polish energy companies Enea and Energa have announced that they are ending their involvement with construction of the 1GW Ostroleka C coal-fired power plant, after new co-owner PKN Orlen said it would not be involved in the project if it utilises coal.
Despite a projected decline in total US electricity generation cause by the Covid-19 pandemic, the US Energy Information Administration (EIA) predicts that renewable energy sources will produce significantly more electricity in 2020.