-
Alex Bodi utsedd till vicepresident för SCANDIC FINANCE-koncernen
-
تعيين أليكس بودي نائبًا لرئيس مجموعة SCANDIC FINANCE
-
SCANDIC FINANCEグループ、アレックス・ボディ氏を副社長に任命
-
SCANDIC FINANCE 그룹, 알렉스 보디 부사장 선임
-
亞歷克斯・博迪獲任命為 SCANDIC FINANCE 集團副總裁
-
Jersey Boys Anniversary Tour Opens in Birmingham With Gritty Account of Crime and Fame
-
Алекса Боді призначено віцепрезидентом групи SCANDIC FINANCE
-
Алекс Боди назначен вице-президентом группы SCANDIC FINANCE
-
Alex Bodi appointed Vice President of SCANDIC FINANCE GROUP
-
Alex Bodi, numit vicepreședinte al grupului SCANDIC FINANCE
-
Yealink Summit Addresses AI Governance and Workplace Trust
-
Essential Baking Tools for Christmas Cookie Perfection
-
Elon Musk jokes about moving businesses to space after US midterms
-
West Mercia Police opens 2027 cadet applications to Worcestershire teenagers
-
NHS to test blood screening designed to detect 13 cancers earlier
-
Worcestershire road closures announced for Remembrance Sunday events
-
Democrats near House takeover as voters judge Trump presidency
-
UBC professor describes police call after Galloway remark as act of care
-
Lethbridge submits interest in provincial ground ambulance contract
-
False voting claims spread rapidly during US Election Day
-
The Cat in the Hat expands its stakes to cosmic scale in animated reboot
-
Lettermen co-founder Tony Butala dies at 87
-
Byron Donalds wins Florida governor race and underscores Republican strength
-
James Talarico defeats Ken Paxton in historic Texas Senate result
-
Physicist Claims Alberta Data Center Releases Energy of 23 Atomic Bombs Daily
-
Commentator predicts possible US strike on Iran as regional tensions rise
-
Goa plans relationship-readiness course amid concern over divorces
-
Jordan Bardella's Wealth and Financial Transparency Under Scrutiny
-
Manchester United climbs standings after 3-2 Champions League win over Roma
-
India introduces four-layer motor insurance choice from December 15
-
Mutual fund returns show shifting leaders across market-cap categories
-
Polaris Renewable Energy Declares Quarterly Dividend
-
Armanino Foods to Attend Upcoming Investor Conferences
-
Loar Holdings Inc. Reports Q3 2026 Record Results and Upward Revision to 2026 Outlook and Full Year 2027 Outlook
-
Nine Mile Metals DDH WD-26-12 Intersects 2 High Grade VMS Zones Over 20m Including 3.33% Cu-Eq Over 12.0m, 4.40% Cu-Eq Over 7.0m With 8.35% Zn Over 7.0m with a Peak Intersect of 8.40% Cu-Eq
-
GameSquare's Hatchet Publishes Q3 2026 Live Streaming Trends Report
-
ReElement Announces $46 Million in Non-Dilutive Federal NMTC Allocation to Support Indiana Critical-Minerals Refining Expansion
-
Jerash Holdings (US), Inc. Declares Quarterly Dividend
-
NuRAN Targets Africa's Rural Connectivity Opportunity with More Than US$900 Million in Estimated Contract Revenue
-
ATWEC Technologies, Inc. (OTCID:ATWT) Reports August 2026 Revenue of $2.93 Million, Up 17.7% Year-over-Year
-
BioAdaptives to Acquire Xycota Biosciences to Pursue the Potential of At Home Psilocybin Treatment
-
Horizon Aircraft Signs MOU With Constance Lake First Nation to Bring Lifesaving Medical Aircraft to Remote and Isolated Indigenous Communities
-
Cosmos Health's CosmoFarm Begins Commissioning New Automated Order-Processing and Vehicle-Loading Infrastructure, Advancing Capacity That Could Support Over $120 Million in Annual Revenue
-
Abits Group Highlights Existing Datacenter Infrastructure and 24 MW Power Capacity to Support AI and HPC Hosting Expansion Strategy
-
Greene Concepts Highlights Be Water's Role in Health and Wellness
-
Impauer Technologies Announces Official Release of PauerOne V2 Featuring Integrated PauerEarn Rewards Engine
-
Clarity Tax Relief Publishes Analysis of the 2025 IRS Data Book Collection Figures
-
BlueFuture Aquatics, Inc. (Formerly NaturalShrimp) Announces Support for the Administration's America First Seafood Strategy
-
Strategic Metals Ltd. Announces Acquisition of Control and Direction of Additional Securities of GGL Resources Corp.
-
Glo Tanning Opens in Tempe With Red Light Therapy, Skincare and More
Portugal bets all on renewables after abandoning coal
As the UN steps up calls to make the switch to renewable energy to fight the global climate emergency, Portugal is among the first European Union countries to abandon coal.
It will share the lessons it has learned so far at November's COP27 UN climate summit in Egypt.
It has been nearly a year now since smoke has trailed up from the cooling towers of the coal plant in Pego, 120 kilometres (70 miles) northeast of the capital Lisbon.
The lights are off at the station, and the dust gathering on the steel structure attests to the fact that the last coal plant in Portugal shut down in November last year after 30 years in service.
The authorities in Lisbon shut down this fossil-fuel eight years sooner than planned -- and just months after the Sines coal plant, some 90 kilometres south of Lisbon, closed at the start of 2021.
Portugal is one a handful of EU member states -- along with Belgium and Sweden -- to have renounced coal as an energy source.
The energy crisis triggered by the war in Ukraine prompted Austria to reverse a previous decision to close coal-fired plants.
Portugal however "remains convinced that it will not be necessary to renege on this decision," Environment Minister Duarte Cordeiro said in mid-September.
- 'An example in Europe' -
"Portugal is an example in Europe," says Pedro Nunes, an expert in renewable energy at the University of Lisbon, and policy officer with the environmental group Zero.
The two coal plants recently closed accounted for nearly 20 percent of Portugal's greenhouse gases, he points out.
To replace coal's contribution to electricity production, the government hopes to continue developing its green energy to provide 80 percent of its energy by 2026, up from 40 percent in 2017.
If the share of renewables in electrical output hit nearly 60 percent in 2021, the figure dropped back to 40 percent this year owing to a historic drought which slashed hydro-electric power.
The UN's World Meteorological Organization called Tuesday for the world to double the supply of electricity from renewables by 2030 to prevent climate change from undermining global energy security.
Electricity has not only been a major source of carbon emissions driving climate change, but it is also vulnerable to the effects of a warming planet, the WMO said.
Portugal is aiming to increase its wind power and solar capacity -- it currently ranks 8th and 13th respectively in Europe. But it remains heavily dependent on fossil fuels, which accounted for 71 percent of its energy mix in 2020, according to Eurostat.
In this transition phase, the strategy "initially passes via electricity produced by gas plants, which are one-third less polluting than coal", said Nunes.
- Imports rising -
Portugal has used natural gas-fired combined cycle power plants like the one running since 2011 on the Pego site, next to the decommissioned coal plant. It is scheduled to run until 2035.
"It's not by chance" that Portugal has been among the first in Europe to abandon coal, says Pedro Almeida Fernandes, tasked with renewable energies for the Portuguese subsidiary of Spain's Endesa.
The country has been preparing for its energy transition "for a long time", he says.
Endesa won the contract to reconvert by 2025 the Pego coal plant into a complex combining solar power, wind energy and green hydrogen. This is, after all, a place that enjoys 300 days of sunshine per year.
With that kind of resource, Portugal aims to increase solar power production by 50 percent to three gigawatts, in 2022 alone, according to a government estimate.
Nevertheless, Pedro Clemente Nunes, an energy specialist at Lisbon's Technical University, said the country's move away from coal had been "badly planned" in Portugal.
For a year, Portugal "considerably increased its electrical imports" from neighbouring Spain which "continues to produce energy from coal," he said.
E.Flores--AT