Chile to close 8 coal plants by 2024, phase out coal entirely by 2040
The move would slash the share of coal within the electricity grid from 40% to 20% in five years, with a view to phasing out the fuel completely by 2040.
No coal
Global investment in coal tumbles by 75% in three years
Estimates suggest 2018 was the first time there has been a reduction in coal-fired power capacity across the world since the industrial revolution.
America’s renewable energy set to surpass coal for the first month ever in April 2019
America’s clean energy revolution is on the verge of a tipping point. The renewable energy sector is projected to generate more electricity than coal during the month of April.
RWE abandons all present & future coal plans
RWE, one of Germany’s “big four” utilities, has cancelled plans for the BoA plus lignite coal-fired power station and promised to cease investing in new coal generation capacity.
Puerto Rico to shut down all coal-burning power plants by 2020
Coal-burning power plants will get the axe in 2020, and all other coal-burning in Puerto Rico will be eliminated by 2028.
U.K. breaks coal-free power record over bank holiday weekend
The U.K. had a coal free weekend over Easter, breaking the previous record which was set in April 2018. The coal free period lasted for 90 hours and 45 minutes.
74% of U.S. coal production is now more expensive than renewables
211 gigawatts of current US coal capacity, 74% of the coal fleet, is providing electricity that’s more expensive than wind or solar. By 2025, nearly the entire US coal system will be out-competed on cost by renewables.
Finland to ban coal-fired power by 2029
The Finnish Parliament approved a motion last week to bring forward its ban on coal for energy use to May 1, 2029, bringing the country in line with the majority of the European Union in walking away from coal-fired power.
Germany to close all 84 of its coal-fired power plants by 2038
Germany, one of the world’s biggest consumers of coal, will shut down all 84 of its coal-fired power plants over the next 19 years to meet its international commitments in the fight against climate change, a government commission said.
U.S. coal retirements in 2019 to hit at least 6 gigawatts
The U.S. Energy Information Administration also believes that around 13.7 GW of coal was retired in 2018, the second-highest amount of coal capacity retired in a year.