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Tuesday, July 14, 2020

Spain closes half its coal-fired power plants

Spain recently shut down
eight of its 15 coal-fired 
power stations on grounds 
they were unprofitable.

And to comply with 
European regulations 
on industrial emissions.

The move comes 
18 months after 
Spain closed down 
its last coal mines.

Experts claimed coal 
had reached its economic
 "tipping point" meaning it 
was cheaper to build 
renewable energy 
sources than 
to continue operating 
coal-fired power stations.

Ana Barreira, head of the 
International Institute 
for Law and the Environment 
(IIDMA), said the remaining 
coal power stations 
could be closed down 
by 2025.

The decision was taken
 by the four Spanish 
electricity companies
 that own them -- 
Naturgy, Iberdrola, 
Viesgo and Endesa, 
a Spanish subsidiary 
of Italy's Enel group 
-- all of whom 
confirmed the closures.

The aim was to avoid
the cost of bringing them 
up to date to comply with 
a European directive 
on cleaning up their 
emissions.

Unlike in France or Germany, 
the Spanish government 
never before set a date 
for when such facilities 
were to have closed.

These power stations 
collectively generated 
5.16 gigawatts (GW) 
of electric power, 
and their closure 
will halve Spain's 
coal-fired output, 
reducing it to 
4.7 gigawatts, the 
"Coal-Free Future" 
coalition said.

June 30 was the last day 
of a transition period 
for such plants to comply 
with a European directive
on industrial emissions.

The firms chose 
not to make 
the necessary
investments because
they were no longer 
profitable.

Most of these plants 
had hardly produced 
any electricity 
in the past few
 months.

In 2019, coal only 
represented 5% 
of Spain's total energy 
consumption, 
compared with 
25% in 2007, 
the Red Electrica 
power grid said.

Spain remains far from 
meeting its commitment 
to green its energy sources, 
with only 17.4% of the total 
coming from renewables 
in 2018, the latest available 
Eurostat figures show.

It had committed 
to raising that number 
to 20% by 2020.

Spain had been a pioneer 
of green energy 
back in the early 2000s, 
until the financial crisis 
in 2008.

In recent years, 
there has been 
the development
of huge solar parks 
and Spain now ranks
fifth in the world 
for wind power 
installations.