Coal
PPC receives six expressions of interest in coal-fired power plants
Greece's Public Power Corp (PPC) on Friday received six expressions of interest in three coal-fired power plants it is selling under a post-bailout agreement with its international lenders.
PPC, which is 51 percent state owned, relaunched the sale last week after a previous tender failed to attract satisfactory bids last month.
Coal-fired Power Plants of the Western Balkans Cost Bulgaria up to EUR 700m a Year
The European Union needs to take tougher measures for 16 power plants in 5 Western Balkan countries because the carbon dioxide and microparticles it throws are responsible for the deaths of more than 3,000 people each year, reports Dnevnik.
Do not want imported nuclear power to make up for coal phase-out: German minister
German Economy Minister Peter Altmaier tries to calm and to address students and pupils who staged a potest as part of the "Fridays for Future", on Jan. 25 in front of the Economy Ministry in Berlin where the coal commission met with the minister. Banner behind reads "meet climate goals".
Wind Turbines Contribute to Climate Change
Wind turbines, designed as an alternative to fossil fuels, still contribute to climate change due to the way they redistribute heat and moisture in the atmosphere, according to a study published Thursday, reports AFP.
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Data rooms for PPC units to be sold to open for two months
Investors interested in checking the financial data of the Public Power Corporation plants at Meliti and Megalopoli that are up for sale will have two months at their disposal.
However, it is common knowledge that the visit to the data rooms is not going to lead to any significant changes to the original estimate about a negative to very-high-risk investment.
Two workers killed in illegal mine collapse in Turkey's Zonguldak
Two workers were killed when an unlicensed coal mine collapsed in the Black Sea province of Zonguldak's Kilimli district on July 7, Demirören News Agency has reported.
PPC has June 21 deadline for sale of coal units
Public Power Corporation (PPC) on Thursday invited investors to submit expressions of interest for the sale of coal-fired units by June 21.
Greece and its lenders have agreed that PPC will divest about 40 percent of its coal-fired capacity to help to open up the sector after a European Union court ruled that PPC abused its dominance in the coal market.
[Reuters]
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Germany's Allianz to stop insuring coal businesses
German insurance giant Allianz said on May 4 it would stop insuring coal-fired power plants and mines extracting the fuel, adding that it aims to divest from the sector completely by 2040.
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Greece submits bill on coal-fired plants sale, union threatens strikes
The Greek government submitted a bill to parliament on Wednesday evening opening the way for the country's dominant power utility PPC to begin selling coal-fired plants in May, a move strongly opposed by workers who have threatened strikes in protest.
Turkey 'aims to hold tenders for at least five coal mines in 2018'
Turkey is looking to hold tenders for at least five coal mines this year including one with 136 million tons of reserves, Turkish Deputy Energy Undersecretary Fatih Dönmez told Reuters on April 10.