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IEEFA
Bloomberg News: Engie SA is closing its coal-fired power plants in Chile after deciding there was little point in trying to sell them. The French power company plans to replace the capacity with renewable energy and will announce more details in the coming weeks, according to Philip De Cnudde, Engie’s chief executive officer for Latin […]
Gerard Wynn
Phase-out Plans Combined With the Rise of Renewables and the Impact of Improved Efficiency Put Old Electricity-Production Models at Risk
In announcing plans to shut all coal-fired power plants by 2030, the new government of the Netherlands sent a dramatic signal to electricity markets today that no investment in coal-fired power in Europe is safe. The Dutch statement is especially significant given that the Netherlands itself has only recently commissioned three of Europe’s newest coal-fired […]
IEEFA Update: Netherlands, in New Program to Close All Coal-Fired Generation by 2030, Sends European Energy Markets a Sharp Signal
Phase-out Plans Combined With the Rise of Renewables and the Impact of Improved Efficiency Put Old Electricity-Production Models at Risk
In announcing plans to shut all coal-fired power plants by 2030, the new government of the Netherlands sent a dramatic signal to electricity markets today that no investment in coal-fired power in Europe is safe. The Dutch statement is especially significant given that the Netherlands itself has only recently commissioned three of Europe’s newest coal-fired […]