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The South Luzon Thermal Energy Corporation coal plant would become the world’s first facility of its kind to leverage carbon credits to enable its early decommissioning
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New report by International Energy Agency says global coal consumption is at an all-time high
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It is seeking views on the initiative to support small and medium-sized manufacturers to produce or recycle clean energy products to help revitalise former coal communities
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It will cover the period from 1st October 2022 to 31st March 2023 to address energy security issues if they arise, ‘whilst aiming to limit unnecessary pollution’
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The site of the former Uskmouth coal-fired power station is to be transformed into a sustainable energy park
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It previously set a target to reduce carbon emissions by 80% by 2046, from 2005 levels, with a vision of net zero emissions by 2050
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The move comes after the decision of the energy company EDP to close its Sines coal plant, bringing the country’s goal two years earlier than expected
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The Aberthaw B power station, which directly employs around 170 people, will be closed on 31st March 2020
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It is currently consulting with 158 employees at the Fiddler’s Ferry site as well as trade unions
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Vattenfall says closing Hemweg-8 four years early will have ‘major consequences’ for its production operation and its employees
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It has also committed to power five million homes through supporting renewable projects in the UK by 2020
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