Strategic Development

Strategic development includes all business news, policy announcements, investments, mergers and acquisitions and market developments related to the strategic development of coal-fired power projects and the electricity generated from coal. News will cover plants and equipment including boilers, steam turbines, and flue gas cleaning systems. This explores coal as a fossil fuel with high emissions produced during combustion, as well as clean coal innovation.

Unforeseen circumstances to blame for Texas electricity fiasco

Bill Magness outlined the events that took place between February 14 and 18 that led to the humanitarian crisis that many Texas residents are still in the midst of now.
coal

Overcoming Europe’s coal hurdle on the path to net zero

In December 2020, European leaders agreed to increased climate ambition with a 2030 emissions reduction target of 55%.
Bocamina power plant unit 2

Enel accelerates Chilean coal phase-out with early plant closure

Enel Group has disconnected and ceased operations at Unit I of Bocamina coal-fired power plant, which is located in the Chilean municipality of Coronel.
coal power

AES to sell Mong Duong 2 coal-fired plant in Vietnam

The AES Corporation wi sell its entire equity interest in the 1,242MW Mong Duong 2 coal-fired power plant in Vietnam to a consortium led by a US-based investor.

Eskom CEO addresses utility’s stability at #AUW-PGAF

Ten months into his tenure as Eskom CEO, André de Ruyter is pushing ahead with unbundling the debt-ridden state power utility in a bid to attract private investment.
Cambodia

Cambodia to reduce hydropower and develop coal and solar capacity

Cambodia has witnessed power shortages due to reduced hydropower generation owing to draughts and lower water levels in the dams.
coal

How will Europe tackle its coal conundrum?

The biggest ‘just’ energy transition in Europe is the one that involves those countries still reliant on coal, which accounts for a fifth of the electricity production in the EU and employs 230,000 people.

South Korea’s KEPCO cancels foreign coal power investment

South Korea’s majority state-owned utility KEPCO plans to cancel or convert to LNG two remaining overseas coal power projects in its pipeline.
coal power

Poland and Ukraine partner on a ‘Just Transition’ from coal

Regions in Ukraine heavily relying on coal are expected to adopt new low-carbon energy resources using measures adopted by Poland.

GE commits to exiting the coal-fired new-build business

General Electric, one of coal power’s historic leaders and manufacturers, said it will exit the new-build market as soon as possible.

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