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Press Release, Paolo Coghe and Gerard Wynn
To turn around profits, PGE must increase the renewables ambition of its ‘Strategy 2030’
December 3, 2020 (IEEFA) — The coronavirus pandemic has exposed the costs of excessive coal dependence at Poland’s largest energy company, Polska Grupa Energetyczna (PGE), highlighting the need for more renewables and greater detail on coal power plant closures under the company’s new strategy, according to a report by the Institute for Energy Economics and […]
IEEFA
Platts: Poland’s largest utility PGE Polska Grupa Energetyczna SA plans to develop solar and onshore wind capacity, as well as an incineration plant, on the site of its 4.93-GW lignite-fired Bełchatów plant, as the company seeks to meet its goal of becoming a zero-emission entity by 2050, Deputy CEO Ryszard Wasiłek said Nov. 3. Poland […]
Press Release, Gerard Wynn and Arjun Flora
Economics, EU membership ambitions point to renewables as best path for country’s future electricity needs
October 29, 2020 (IEEFA) — Strong performance by Kosovo’s first large-scale wind and solar farms show the coal-dominated, Western Balkan country can exploit falling renewables costs and green lending appetite to align better with a low-carbon European transition and reduce losses from stranded fossil fuel assets. According to a new report by the Institute for […]
Press Release, Gerard Wynn and Arjun Flora
Ekonomia, ambiciet për anëtarësim në BE drejtojnë nga burimet e ripërtëritshme si rruga më e mirë për nevojat e ardhshme të energjisë për vendin.
29 tetor 2020 (IEEFA) – Performanca e mirë nga fermat e para të erës dhe diellit në shkallë të gjerë në Kosovë tregon se vendi i Ballkanit Perëndimor i dominuar nga qymyri mund të shfrytëzojë rënien e kostove të ripërtëritshme dhe gatshmërinë për kredi të gjelbëra për tu lidhur më mirë me një tranzicion evropian […]
IEEFA
Platts: Poland’s largest utility, PGE Polska Grupa Energetyczna SA, is planning to phase out coal and offer zero emission energy by 2050, CEO Wojciech Dabrowski said Sep. 15. “PGE, as the largest company in the sector, will play a key role in achieving zero emissions by Poland,” Dabrowski said at a Q2 results news conference. […]
Press Release, Gerard Wynn and Paolo Coghe
Window is closing for Poland’s biggest utility to make a course correction
LONDON (IEEFA) February 12 – Poland’s majority state-owned electric utility, Polska Grupa Energetyczna S.A. (PGE), one of Europe’s most coal-intensive energy companies, must invest urgently today to decarbonise its electricity generation, to replace declining profits from coal power plants through the 2020s, finds a report released today by the Institute for Energy Economics and Financial […]
IEEFA
Euractiv: Global warming emissions from the power sector fell by 12% last year, led by a steep decline in coal power generation, which was replaced half by natural gas and half by renewables, according to fresh data published on Wednesday (5 February). Hard coal and lignite-fired power generation fell in every EU country – and […]
IEEFA
PV Magazine: A study undertaken by the Fraunhofer Institute for Solar Energy Systems (ISE) for renewable energy developer Baywa re, has calculated lignite open-cast ponds in Germany could host 56 GW of floating PV project generation capacity. “After deducting the estimated areas relevant for leisure activities, tourism, nature and landscape conservation, there remains an economic potential […]
IEEFA
Bloomberg: Chancellor Angela Merkel’s cabinet approved legislation that sets out the timetable to close more than 100 coal power plants across Germany, entrenching the most important part of a program to green Europe’s biggest economy. The law when passed will govern 50.8 billion euros ($55 billion) of compensation for regions and companies that rely on […]
IEEFA
Reuters: Germany imported 40.2 million tonnes of hard coal last year, 14.7% less than in 2018 due to competition from renewables and gas, and as the steel industry curbed usage, importers said on Friday. The total was comprised of an estimated 7.4% lower intake of coking coal for steelmakers, who purchased 11.5 million tonnes and […]
IEEFA: Renewables’ strong performance and falling costs can help Kosovo break from a coal-powered past
Economics, EU membership ambitions point to renewables as best path for country’s future electricity needsOctober 29, 2020 (IEEFA) — Strong performance by Kosovo’s first large-scale wind and solar farms show the coal-dominated, Western Balkan country can exploit falling renewables costs and green lending appetite to align better with a low-carbon European transition and reduce losses from stranded fossil fuel assets. According to a new report by the Institute for […]