Lloyds Banking Group to stop financing new coal-fired power projects
UK-based Lloyds Banking Group has decided to stop financing new coal-fired power stations or thermal coal mines.
Trending:
UK-based Lloyds Banking Group has decided to stop financing new coal-fired power stations or thermal coal mines.
Market analysis from the Australian Energy Market Operator (AEMO) has reported that coal generation could make up as little as 6% of Australia’s electricity mix by 2040.
A $2bn expansion to add a 1,000MW ultra-supercritical coal-fired power generation unit called Cirebon-2 is underway at the Cirebon coal-fired power plant located near Cirebon in West Java, Indonesia.
Egypt has seen rapid growth of electricity consumption over the past few years. Consumption in the country increased from 60.5 terawatt hours (TWh) in 2000 to 164.2 TWh in 2017....
US-based natural gas and electricity provider Consumers Energy is planning to close two coal-fired units at the Karn Generating Complex near Bay City in 2023.
US President Donald Trump has ordered financially unstable energy facilities to receive government support, following a series of coal and nuclear power plant closures.
The Government of Canada has imposed restrictions on usage of coal for generation of electricity to encourage sources, specifically renewables.