Andre de Ruyter, CEO of Eskom of South Africa, said that the utility has an opportunity to emerge from years of crisis by shifting from coal-fired power generation to natural gas and renewables.
Xcel Energy has announced plans to close Colorado’s largest coal-fired power plant, Comanche 3 in Pueblo, Colorado, USA, by 2035.
Portugal has shut down its last remaining coal-fired power plant, becoming the fourth country in the EU to do so.
Zulkifli Zaoni, Chief Executive of Indonesian state utility Perushaan Listrik Negara (PLN) said that Indonesia’s coal consumption for power generation will rise by 3.1 per cent in 2022 compared to 2021.
Over 40 countries have agreed at the COP26 climate summit to phase out their use of coal-fired power generation.
China’s National Development and Reform Commission (NDRC) has announced that the country is targeting a 1.8 per cent reduction in average coal use for electricity generation at power plants over the next five years.
President Moon Jae-in of South Korea pledged at the G20 summit in Rome that South Korea will complete the phaseout of coal-fired power generation by 2050.
GlobalData has released a report which states that the Netherlands is on course to phase out the use of coal for power generation by 2030.
The Organisation for Economic Cooperation and Development (OECD) has announced it will end export credit support for unabated coal-fired power plants.
The market analysts GlobalData has reported that, based on Spain’s National and Energy Climate Plan, the country is on course to phase out nuclear, coal-fired, and oil-fired power generation plants by 2035.