EU Power Generators Warn Plan to Cut Use of Coal May Backfire

STAFF REPORTS
Bloomberg

NEW YORK — A group representing power generators across the European Union warned that the bloc’s plans to limit the use of coal may backfire, encouraging utilities to seek returns on new fossil-fuel plants instead of putting money into clean energy.

European Commission is considering a law that would effectively block many coal-fired plants from getting support payments under the region’s capacity market, which is intended to ensure steady supplies of electricity when the wind isn’t blowing and the sun isn’t shining.

https://about.bnef.com/blog/eu-power-generators-warn-plan-to-cut-use-of-coal-may-backfire/

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28. September 2017 by Terry Headley
Categories: transmission | Tags: , , , , , , , , , , | Leave a comment

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