French energy group Engie said Wednesday that it would stop using coal to generate electricity in Chile by 2025, while doubling its target for power from renewable sources.

The group reaffirmed a commitment to close six coal-fired plants, two of which have already been shut down, that generate nearly 1.5 gigawatts (GW) of electricity, a statement said.

While it is difficult to compare electricity consumption between countries, one GW generally accounts for at least half a million homes.

Almost half of the capacity being taken offline, or 700,000 megawatts, would be converted to gas or biomass generators, Engie said.

The group still operates coal-fired plants in Brazil, Morocco, and Portugal.

Meanwhile, Engie said it would develop 2.0 GW of renewable energy capacity in Chile, about double the level it was aiming for in 2019.

Engie estimated the cost of the "comprehensive transformation plan" at 1.5 billion euros ($1.8 billion) by 2025 and said it should reduce CO2 emissions by 80 percent by 2026.

jmi/wai/bp

Engie

Related Links
Surviving the Pits

Tweet

Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor $5 Billed Once credit card or paypal		SpaceDaily Monthly Supporter $5 Billed Monthly paypal only

Poland reaches 'historic' deal to shut coal mines by 2049
Warsaw (AFP) April 28, 2021
Poland's government and unions on Wednesday reached a draft agreement to shut all coal mines by 2049, with severance payments for 120,000 workers and funds for the Silesia coal basin. A statement by the state assets ministry, which negotiated on behalf of the government, hailed the deal as an "historic agreement". But Dominik Kolorz, head of a local branch of the Solidarity union, was quoted by Gazeta Wyborcza as saying: "It is hard to be satisfied when you are liquidating such an important indu ... read more