Coal Investing News reports Britain heading for cleaner energy generation. The planned closure of coal and gas-fired power stations and the wait for new nuclear plants to be built will both hit power supplies, the report added. A growing reliance on intermittent renewable energy sources, such as wind, will exacerbate the problem, the report stated. [...]
Coal Investing News reports coal is at a new level. But Canadian Hydro is playing hard to get. TransAlta chief executive Steve Snyder said his company, based in Calgary, proposed the same transaction back in December and was promptly rebuffed, forcing it to go directly to Canadian Hydro’s shareholders. The proposed acquisition is set to [...]
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