The planned phase-out of state aid to fossil fuel power generation across the European Union could make the Ostrołęka C coal station project unprofitable within years, according to a new report by Carbon Tracker, a think tank. Investors in the Ostrołęka C coal-fired power plant – often branded as Poland’s last – could lose €1.7 billion, according to the report released on Wednesday (29 August). The Ostrołęka C project is part of the Polish government’s plan to ensure the country’s energy security. It is presented as a necessary supplement for renewable energies that will partly replace a number of old inefficient coal power plants that are due to be taken offline by 2020. But the project is highly dependent on state support for fossil fuels, which is currently being phased out at EU level in an effort to cut air pollution and curb emissions of global warming gases.
Euractiv 29th Aug 2018 read more »
Plans to build Britain’s largest gas plant have been denounced as inconsistent with international climate goals by a group of 73 environmental groups including the Green Party and Friends of the Earth. In an open letter they have urged the government not to support the project. Addressing the Planning Inspectorate and energy secretary Greg Clark, they warned that the increased demand for gas would incentivise fracking, which is opposed by many. Energy company Drax has submitted a planning application to replace its coal burning plants near Selby in North Yorkshire with gas- powered alternatives. It is seeking government subsidies to support the project. Wednesday marked the final day of a public consultation about the plans.
Independent 29th Aug 2018 read more »