It is considered likely that the UK Drax power station’s bid for funding for a £2 billion ($3 billion) carbon capture project will collapse, bringing a rival scheme in Peterhead back into competition for government support.
The Drax power company, in charge of the largest power plant in the UK of the same name, has thrown a £1 billion ($1.52 billion) UK government climate-change plan into turmoil, saying that government green policy reversals have made it too risky to move forwards.
Sweden is aiming to become one of the first nations in the world to have a fossil-free energy mix, and as a step towards that goal it will invest 4.5 billion kronor ($546 million) next year in climate-protection measures as a step towards this goal.
GE has been given clearance from European and US anti-trust regulators to buy most of Alstom’s energy business.
The government of Finland has proposed a November 2017 deadline for granting wind subsidies for power plants, because new applications had started exceeding a previously set capacity limit.