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China launches world’s largest carbon market for power sector
- 2021-01-08 08:45:56.919770
- David Flin
China has launched its long-awaited national carbon emissions trading scheme. Under the scheme, China’s power operators will have to buy emissions permits if their coal plant exceeds carbon intensity benchmarks.
South Korea to increase LNG-based power capacity by 43 per cent by 2034
- 2020-12-30 07:30:01.027158
- David Flin
South Korea’s Energy Ministry has announced that the country will increase the capacity of LNG-based power plants from 41.3 GW in 2020 to 59.1 GW in 2034, a rise of 43 per cent.
Bangladesh looking to shift from coal to LNG
- 2020-11-02 07:17:18.256843
- David Flin
Bangladesh is looking at options to shift from coal-fired power plants to those operating on LNG, due to the high cost of new power plants.
KEPCO to exit overseas coal power plant market
- 2020-10-29 07:22:13.177247
- David Flin
Korea Electric Power Corporation (KEPCO) has officially announced that it will not build new coal-fired power generation projects abroad in the future.
NTPC awards FGD for 50 GW power generation
- 2020-10-20 07:37:25.181499
- David Flin
India’s state-run power giant NTPC has announced that it has awarded contracts for installation of flue-gas desulphurisation (FGD) technologies for its 50 GW thermal power generation capacities, including the Dadri plant where the work is in advanced stages.
Jera to close inefficient Japanese coal plants by 2030
- 2020-10-14 08:05:39.115617
- David Flin
Japan’s biggest power producer Jera Co. Inc. plans to close all its inefficient coal-fired power generators in the country by 2030 as it works towards zero carbon emissions by 2050.
Vistra to retire coal and build more renewables
- 2020-09-30 06:55:10.082506
- David Flin
Vistra has announced that it will spend $1.15 billion on solar and storage projects in California and Texas, USA by 2022 and retire 6.8 GW of coal assets by 2027.
GE to pursue exit from new build coal power market
- 2020-09-22 06:31:59.916180
- David Flin
GE has announced that it intends to exit the new build coal power market, subject to applicable consultation requirements.
South Africa aims to reach net zero emissions in 2050 while still building new coal-fired plants
- 2020-09-17 07:38:36.329459
- David Flin
The South African cabinet has approved a goal to reduce greenhouse gas emissions to net zero by 2050, while still planning to build 1000 MW of new coal-fired capacity by 2030.
Australia announces plans to replace Liddell power station
- 2020-09-16 07:30:19.343517
- David Flin
The Australian Government has announced its support for a new gas-fired power plant in Hunter Valley, New South Wales, to replace the ageing Liddell coal-fired power station.
