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.
Coal once powered much of the world’s economy — and now countries, cities, and utilities are moving away from it faster than many expected. This archive tracks plant closures, policy shifts, and clean-energy transitions that are shrinking coal’s role in the global energy mix.
Coal-burning power plants will get the axe in 2020, and all other coal-burning in Puerto Rico will be eliminated by 2028.
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.
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, 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.
Every unprofitable coal mine in the European Union must cease production by the first day of 2019, the date on which all public funds for the mines will come to an end.
In 2018, 42% of the world’s coal-fired power stations are running at a loss and by 2030, in virtually every case (96%) it will be cheaper to build new renewable energy capacity than to keep coal plants running, according to a new study.
Japan’s Marubeni Corp said it would no longer start new coal-fired power plant projects and will halve its net coal power generating capacity of about 3 gigawatts (GW) by 2030.
Banking giant will no longer finance coal-fired power stations or thermal coal mines in support of Paris Agreement goals
RBS said it would no longer directly finance new coal-fired power stations or thermal coal mines, oil sands or Arctic oil projects and unsustainable vegetation or peatland clearance projects.
Within a year of eight coal- and oil-fired power plant retirements, the rate of preterm births in mothers living close by dropped, finds new study on air pollution.