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Today's decision by NSW's Independent Planning Commission to reject the expansion of Dendrobium is a blow to the South Coast mineworkers. CFMEU Mining.
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While the rapid transition to renewable energy may save utility customers money in the long run, it can lead to higher energy bills in the short term. That’s because customers are still paying off retired coal plants while also funding new energy sources.
A state Senate bill would study how to reduce those costs through securitization. Much like refinancing a home, it allows customers to pay off coal plants over a longer period of time at a lower rate lowering energy bills. Tim Phelps is with the Indiana Conservative Alliance for Energy, which supports the legislation.
“These securitization tools could help speed up the state’s inevitable transition to cleaner, more renewable energy and save money along the way, he said.
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FRANKFURT, Feb 4 (Reuters) - RWE has filed a lawsuit to seek compensation from the Dutch government for the planned shutdown of a coal-fired power plant in the Netherlands as part of the country’s phase-out of the fuel.
RWE, Germany’s largest power producer, said its 1.56 gigawatt Eemshaven plant, which cost more than 3 billion euros ($3.6 billion) to build and has been in operation since 2015, would be affected by the Dutch phase-out plans from 2030.
“Unlike the German coal exit law the Dutch law does not envisage adequate compensation for this interference with the companies’ ownership,” RWE said. “We view this as unlawful.”
Drug dealer caught with vicious machete told the judge I messed up leicestermercury.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leicestermercury.co.uk Daily Mail and Mail on Sunday newspapers.