Three key points for power generation from China’s five-year plan
On Friday, the ruling party of China released a draft of its 14th five-year plan, outlining the country’s upcoming economic priorities.
Coal
AES to sell equity in 1,242MW coal-fired plant in Vietnam
Power company AES Corp has agreed to sell its majority interest in the 1242MW Mong...
Fossil fuel production ‘excessive’ despite Covid-19 cuts – report
Fossil fuel production would need to fall by 6% annually until 2030 to bring the world in line with a...
CCS sector rapidly recovering from pipeline slump – report
Planned carbon capture and storage (CCS) capacity has increased by 33% year-on-year, according to a report released today.
GE wins gas turbine supply order from Guangdong Energy Group
GE has secured a gas turbine supply contract from state-owned power utility firm Guangdong Energy Group for the Dongguan Ningzhou...
IEA statistic shows electricity production recovery over OECD countries
The ‘Monthly OECD Electricity Statistics’ report showed that the total net electricity production in the OECD countries reached 932.6TWh in July 2020, which marks a 12.2% increase compared to June…
Japan’s Mitsui plans to divest stakes in coal-fired plants
Japanese firm Mitsui & Co reportedly plans to sell its remaining stakes in coal-fired power stations by 2030. The company aims to focus on gas-based power generation to achieve its…
India considers replacing retiring coal plants with renewables
India Power Minister RK Singh has said the government has considered retiring coal-fired power plants in favour of renewable generation. The move would help reduce the country's carbon footprint, in line…
Greece’s target of phasing out coal by 2028 is ‘highly optimistic’
Greece apportioned €5bn ($5.9bn) to phase-out the use of coal by 80% by 2023, to reduce the nation’s carbon footprint. These are highly optimistic targets, particularly considering the fact that…
More united approach needed for nations to completely eliminate coal-fired power plants
Active coal-fired power plants are enough to prevent the world from achieving the global warming target set in the Paris Climate Agreement. Currently, more than 60% of the major active…
General Electric announces plans to leave coal power market
General Electric (GE) has announced plans to leave the coal power market and focus on developing renewable energy projects. GE senior vice-president Russell Stokes said: “With the continued transformation of…
