exit coal Archives

Energy Australia to build 350 MW battery to replace its coal plant

March 16, 2021 | News

Energy Australia has announced that it will close the Yallourn power station in Victoria’s Latrobe Valley in mid-2028, four years ahead of schedule, and build a 350 MW battery instead. The 1,480 MW brown coal-fired plant currently produces about 22 per cent of Victoria’s electricity and is the oldest power station in the state. With the shutting down of the Yallourn power station reduce, Energy Australia’s carbon dioxide emissions are expected to fall by over 60 per cent.

Kosovo should leapfrog directly to a renewables-based economy

November 2, 2020 | Opinion & Perspective

Kosovo, located in south-eastern Europe, has ample energy resources including renewables. However, it has overwhelmingly depended on its domestic lignite reserves for meeting its energy requirements.

From Zero To 50: Global Finance is Fleeing Oil and Gas

October 22, 2020 | Finance

IEEFA has tracked 50 significant global financial institutions to date that have announced oil and gas investment restrictions, specifically on oil sands exploration and/or Arctic drilling. While 39 have declared a formal policy against oil sands and 37 on Arctic drilling, 26 financial institutions have restricted both. Most are an extension of existing policies restricting thermal coal power and coal mining lending.

Enel prepares to exit coal; go 100% green

June 12, 2020 | Big Moves

Italy-based power utility Enel expects to be producing green hydrogen within a year, with likely sites for its first wind and solar farms with electrolysers seen in the US, Chile and Spain.

Tag: exit coal

Energy Australia to build 350 MW battery to replace its coal plant

Kosovo should leapfrog directly to a renewables-based economy

From Zero To 50: Global Finance is Fleeing Oil and Gas

Enel prepares to exit coal; go 100% green

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