• Russia Boosts Coal Production: Will Be World’s Top Exporter Within Decade

    • Date: 02/05/20
    • Russia Today

    The world’s largest coal-producing country, Russia, plans to increase its output and exports over the next 15 years. Russia’s share of the global coal export market is projected to expand to 25 percent from the current 11 percent. According to a draft document on state strategy issued by Russia’s Ministry of Energy, production will grow to 448-530 million tons […]

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  • The Greens’ Favourite Climate Nation Fires Up Coal Power Plant Construction

    • Date: 29/04/20
    • Caixin Global

    China approved nearly 10 gigawatts (GW) of new coal-fired power generation capacity in this year’s first quarter, roughly equal to the amount approved for all of last year, amid a broader scramble to jumpstart an economic hobbled by the Covid-19 epidemic. Investment in infrastructure like power generation has played an important part in China’s rapid […]

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  • Post-Pandemic: Europe’s Choice Between Very Cheap Fossil Fuels & Expensive Renewables

    • Date: 29/04/20
    • Bloomberg

    Europe’s hopes that green power will soon beat out fossil-fuels on costs will fade unless governments implement shrewd policies to support renewable after the coronavirus crisis. Propped up over decades by hundreds of billions of euros of government subsidies, power from wind and solar was slated to undercut coal, and even natural gas as soon […]

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  • Renewable Energy Loses Steam As Asian Nations Scale Back Subsidies

    • Date: 26/04/20
    • Nikkei Asian Review

    TOKYO — Global capacity for renewable energy ended 17 years of growth in 2019, as Asian governments scaled back expensive subsidies designed to make their power grids greener. The trend could continue in 2020 as the coronavirus outbreak forces factory shutdowns for producers of the necessary equipment, delaying future green power projects and slowing the international shift […]

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  • China’s Missing Solar & Wind Finance For Overseas Energy Projects Revealed

    • Date: 23/04/20
    • Panda Paw Dragon Claw

    New paper sheds light on reasons behind the lack of renewable energy lending from China’s policy banks From 2000-2018 China’s two policy banks, the China Development Bank (CDB) and China Export Import Bank (CHEXIM), loaned over USD 251.3 billion to overseas energy sector projects. Of that finance, traditional energy sources such as coal and hydro dominated, […]

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  • China Green-Lights New Coal Plants To Fight Economic Slump

    • Date: 20/04/20
    • China Dialogue

    China has lowered the risk ratings for coal-power overcapacity in many parts of the country for the third year in a row. The move opens the door for more regions to build coal power in 2021-23 and has been interpreted by experts as a signal that coal will be a key part of the 14th Five Year […]

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  • Global Coal Capacity Growing As China & Japan Build New Coal Power Plants

    • Date: 04/04/20
    • Karma

    Global coal capacity grew last year for the first time since 2015, thanks to an upsurge in plant construction in China that outweighed shutdowns elsewhere. Coal-burning capacity grew by 34.1 gigawatts in 2019, according to “Boom and Bust 2020: Tracking the Global Coal Plant Pipeline,” a report by the Sierra Club, Global Energy Monitor, Greenpeace and the […]

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  • French Fiasco: Flamanville Nuclear Power Plant Delayed For Another 4 Years

    • Date: 01/04/20
    • World Nuclear News

    The construction of the EPR unit at the Flamanville site in Normandy was authorised by the French government by a decree of 10 April 2007, which stated first fuel loading must be completed within thirteen years. With that date approaching, a new decree has extended the deadline by four years. The new decree – published in the Official […]

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