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    coal investing

    Greece to Charge Fees for Coal-Generated Electricity

    Investing News Network
    Dec. 21, 2011 11:28AM PST
    Industrial Metals Investing

    Reuters reported that Greece is planning to impose a fee on power generated from coal.

    Reuters reported that Greece is planning to impose a fee on power generated from coal.

    As quoted in the market news:

    State-controlled utility PPC will pay a charge of 2 euros for each megawatt it produces from burning lignite, a form of brown coal that produces almost half of Greece’s power needs, the energy ministry said in a statement.

    Click here to read the full Reuters report.

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