The UK held exploratory talks with Electricite de France SA about the possibility of keeping the West Burton A coal-fired power plant generating beyond the end of September, when it’s due to close.
On the 24th February, the first of many Russian tanks rolled into Ukraine. And as Brian Wilson noted last week, some uncomfortable realities have kicked in here and across Europe.
RWE has flagged energy security concerns as driving the need for more green business – although raising the prospect of restarting coal power plants in the near term.
If the disruption to Russian gas deliveries spread beyond flows through Ukraine to include all Russian pipeline exports to Europe, liquefied natural gas (LNG) imports alone would not be able to meet the shortfall and additional supply levers would be required, the latest analysis from IHS Markit shows. Under such an extreme scenario mothballed coal and nuclear power would need to be restarted.
It’s been less than a month since world leaders pledged to combat climate change at the COP26 summit in Glasgow, yet Japan is already showing signs of putting the brakes on divestment from fossil fuels.
A $12 billion liquefied natural gas (LNG) investment approved in Australia leads a wave of projects betting demand will rise as the world shuns more polluting alternatives like coal.
As COP26 draws to a close today and Glasgow bids farewell to international leaders, business leaders and global environmental campaigners, we have to hope that the commitments made over the last two weeks will be delivered in full (or exceeded) and to the agreed timescales.
A first draft of a deal for COP26 calls on countries to strengthen their emissions-cutting plans in the next year in a bid to keep a goal to limit warming to 1.5C within reach.
It was supposed to be a big win for climate activists: another of the world’s most powerful mining companies had caved to investor demands that it stop digging up coal.
The UK has corralled about 20 nations including the US, Canada and Italy at the COP26 climate summit to pledge to stop funding foreign fossil fuel projects, though the impact of the deal is undermined by the absence of key countries.
Richer nations will be able to deliver 100 billion dollars of climate finance to developing countries every year from 2022 - a year earlier than expected, US envoy John Kerry has said.
Countries are setting out efforts to end coal power after 250 years at Cop26 - but concerns have been raised about the absence of major polluters in the move.
New climate targets announced at the COP26 summit by Indian Prime minister Narendra Modi look set to boost renewable energy growth. However, India’s insatiable demand for electricity will keep the market highly reliant on coal power, posing challenges to the country's decarbonisation plans, according to Fitch Solutions.
The Energy Transition Mechanism (ETM) Southeast Asia Partnership, which aims to accelerate the retirement of existing coal-fired power, is the first of its kind in Asia Pacific and aims to help fast-forward Southeast Asia’s clean energy transition.
Countries are planning production of oil, coal and gas over the next decade at levels that is "dangerously" out of sync with targets to curb climate change, the UN has warned.
India plans to take more ambitious climate action by 2030, even as the nation pushes back against pressure to set a target for net-zero greenhouse gas emissions.
Plunging temperatures across parts of China have sparked an early start to the winter heating season, likely lifting power demand and intensifying the nation’s energy crisis.
China’s energy crunch pulled in more coal and gas imports in September, as buyers scrambled to ensure adequate supplies to counter a deepening power shortage ahead of peak winter demand.
China’s announcement at the United Nations General Assembly that it will no longer build any new coal-fired power plants abroad accelerates the energy transition in Asia’s emerging markets but also raises challenges, according to a new analysis by the IHS Markit Global Power and Renewables service.
By Thu Vu, Energy Finance Analyst, Institute for Energy Economics and Financial Analysis (IEEFA)
Vietnam is quickly becoming one of the most promising liquefied natural gas (LNG) importing markets in Asia. Industry players—both domestic and global—have voiced their intent to pursue projects in Vietnam, encouraged by the government’s departure from its traditional coal-centric mindset and the rapid penetration of renewable energy in Vietnam’s power mix in recent years.
China’s energy crisis has highlighted weaknesses in one of President Xi Jinping’s top priorities -- energy security -- that could have ramifications for the power system for years to come.
Envoys from some of the world’s richest nations met with South African cabinet ministers on Tuesday to discuss a climate deal that could channel almost $5 billion toward ending the country’s dependence on coal.
Global energy companies are shifting to ESG investing; but what are the drivers to decarbonise and the innovative approaches being deployed? In this new series, Mike Scott takes the temperature of the industry’s response to date, as well as the challenges ahead that this shift will present.
Analysts expect Australian liquefied natural gas (LNG) supplier Woodside (ASX:WPL) to benefit as China faces a severe winter of energy shortages, with primary energy demand surging to a 10-year high.