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Polish Energa is reviving a project to build a 1 GW coal-fired power plant with big bank backing

Many Western banks are divesting from the coal industry, nevertheless, Polish Energa fossil fuel project is funded through banks and the European Investment Bank. The main scope for Poland is to protect 80,000 jobs in national coal mines. Public opinion in the West is against the use of polluting fossil fuels. Pressure is high, like in December 2015 when Paris Agreement on climate change was promoted by U.N., society pledges to quit coal.

read more... 27/04/2017

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UK - first coal-power free day in over a century, according to National Grid

Britain is set for its first day without electricity production from coal-fired power stations since the country's industrial revolution in the 19th century, as stated by power grid operator National Grid on Friday.

read more... 24/04/2017

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Polish companies plan 400-600 mln euros coal gasification project

Polish state-controlled companies Tauron Polska Energia and Grupa Azoty signed a letter of intent concerning cooperation over a scheduled coal gasification project valued at 400-600 million euros ($430 million-$645 million), according to Azoty on Thursday.

read more... 21/04/2017

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Construction of new coal-fired power plants fell worldwide in 2016

The amount of new coal power plants tumbled dramatically last year due to policy shifts in China and India and subsequent declining investment prospects.

read more... 22/03/2017

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China’s coal consumption keeps plummeting for the 3rd straight year

China's coal consumption plummeted for the third consecutive year in 2016, government data showed Tuesday, as the world's biggest carbon emitter struggles to cut its addiction to the heavily polluting fuel.

read more... 02/03/2017

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