Latest news
Electricity market liberalization in Greece continues with the sale of coal-fired plants and coal mines
The energy ministry of Greece announced on Tuesday about the plans to sell by June 2018 some coal-fired plants and coal mines corresponding to 40% coal-fired capacity of the state-owned dominant power utility Public Power Corp (PPC), in order to open up the electricity market. Energy ministry will hold a market test to identify potential investors by November 2017.
read more... 03/05/2017
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
Poland: Rival coal mines firms PGG and KHW close to merger
Trade unions at Poland’s coal producer Katowicki Holding Węglowy (KHW) approved on Wednesday the merger with its biggest rival Polska Grupa Górnicza (PGG).
read more... 02/03/2017
Egypt defers third LNG terminal until electricity requirements determined
Egypt will postpone plans to rent a third liquefied natural gas import (LNG) terminal for one month, until the ministry of electricity determines its LNG requirements, as stated by an official at state gas purchaser EGAS on Sunday.
read more... 08/11/2016
Egypt defers third LNG terminal until electricity requirements determined
Egypt will postpone plans to rent a third liquefied natural gas import (LNG) terminal for one month, until the ministry of electricity determines its LNG requirements, as stated by an official at state gas purchaser EGAS on Sunday.
read more... 07/11/2016