Coal power plants in EU shuttering amid jump in expenses from end-June
Exemptions in air pollution limits in the EU are about to be abolished, so owners of older coal-fired power plants will have fewer operational hours allowed. Another option, aside from closing the facilities, is to invest in efficiency and environmental protection, but with little to no guarantee it would be cost effective. While ČEZ is […]
Southeastern Europe may get EUR 10 billion as EU boosts Just Transition Fund plan
The European Commission has proposed to increase the funds intended for the energy transition of coal regions from EUR 7.5 billion to EUR 40 billion. The initial proposal for the economic recovery of the 27-country bloc has been amended to add massive stimulus. The move is part of the newest effort of the Commission, called […]