CEZ announces plan to slash coal by 2030, ahead of Czech government coal exit vote
May 20, 2021 5:55 pmCzech utility ČEZ announced that the cut of proportion of electricity it produces by burning coal from 39 percent to 12.5 percent by 2030.
Categories for Utilities
Fortum/Uniper leave Finnish government red-faced due to Paris-incompatible strategy
December 3, 2020 5:23 pmFinnish energy company Fortum/Uniper confirmed that it doesn't intend to align its business with the goals of the UN Paris climate agreement,
Just transition in the context of the European power utilities and financial institutions
August 17, 2020 11:18 amWe are calling on financial institutions to demand that utilities develop socially responsible plans for phasing out coal by 2030, the latest.
Fool’s Gold: Financial institutions waste billions on coal, undermining climate action
July 15, 2020 10:12 amEuropean financial institutions and international investors and banks including BlackRock and the Japanese megabanks are keeping Europe’s terminally declining coal industry on life support, handing companies €12 billion in investment, and €9.8 billion in loans and underwriting in less than 1.5 years, according to a new report.
New web tools highlight companies slowing climate progress
June 25, 2020 8:23 amA new set of digital tools were launched to highlight coal utilities and financial institutions that continue to hold back progress.
ČEZ Briefing for Investors, Insurers and Banks
June 24, 2020 5:49 pmČEZ Czech energy company has broadly outlined its own coal phase-out dates as the trajectory of coal exclusion policies is trending in a positive direction.
Czech coal commission marks closure of CEZ Prunerov I coal plant
June 4, 2020 2:47 pmThe Czech Republic’s coal commission will join state-owned energy company ČEZ tomorrow to hold a ceremony marking the closure of the Prunerov I coal plant.
EPH gambles against market and climate with acquisition of 900 MW Schkopau coal power plant
March 9, 2020 5:09 pmCzech-based energy investor EPH, announced its intent to acquire the remaining shares of a 900 MW coal power plant in the German city of Schkopau.
15 villages saved as PGE abandons Gubin mega mine due to bleak coal financials
April 2, 2020 9:42 amPolish state-owned energy company PGE has omitted the Gubin coal mine project from its latest financial report, confirming in this way that it has been shelved.