The number of coal-fired power stations under development worldwide has almost halved over the past year as political and economic tides turn against the old king of energy provision. About 570 gigawatts of coal plant capacity was in the pre-construction pipeline as of January, down from 1,090GW a year earlier, a study by the environmental groups Greenpeace, the Sierra Club and Coalswarm reported. This resulted from “a dramatic clampdown on new coal plant projects by Chinese central authorities and financial retrenchment by coal plant backers in India”, their report said. There also was a 62 per cent drop last year in construction starting on new coal power stations, something that Greenpeace hailed as a “turning point”.
Times 22nd March 2017 read more »
FT 22nd March 2017 read more »
Independent 22nd March 2017 read more »
Guardian 22nd March 2017 read more »