Coal news and updates

EU shame as Spain RESTARTS coal plants as energy crisis batters Europe

Energy prices rose sharply last year following a natural gas shortage across the globe as economies unlocked from the coronavirus pandemic. The rise in energy costs, a component of the rise in inflation, has seen the cost of living rise as household bills increase.

It comes at a time when the EU is grappling with the decision to approve the Nord Stream 2 pipeline, allowing natural gas to flow directly from Russia to Germany, circumventing Ukraine.

Meanwhile, the EU is deeply divided over what should constitute “sustainable” energy.

The Los Barrios thermal power plant, in the bay of Gibraltar, will be put to work once more after being closed three years ago.

The coal power plant had a capacity of 567 Megawatts in 2014, and has been reactivated due to increased demand for energy over the winter.