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Portugal 2030 solar goal not at risk despite project backlog

The Portuguese government recently approved a further 10-month extension for the connection of the around 2 GW of solar capacity awarded in 2019 and 2020 auctions, which should have been connected between the middle of last year and this year, respectively.

read more... 11/03/2024

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Inspection failure set to delay vital fuel loading at Flamanville

Delaying the start of fuel loading, which requires French nuclear safety authority ASN authorisation, would almost certainly lead to a delay in starting the 1.6 GW reactor, which is due to go into commercial service by June.

read more... 11/03/2024

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UK unveils landmark electricity market reform

Energy Secretary Claire Coutinho is set to announce reforms in electricity markets, aiming to potentially save households £45 annually and unlock £35 billion in savings over two decades

read more... 11/03/2024

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Daily (08.03.2024): Forward gas prices tumbled by over 2% on Thursday amid ample supply and high inventory levels

Oil prices exhibited a stable-to-bearish trend on Thursday due to consistent demand from Asia, despite possible supply disruptions caused by OPEC+ decision and the ongoing political turmoil in the Middle East. As a result, Brent crude remained steady at $82.96, while WTI Crude experienced a slight decrease of approximately 0.3% to settle slightly below $79.

read more... 08/03/2024

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Italy presses ahead with nuclear as energy transition tool after 30-plus-year hiatus

The Italian Chamber of Deputies will launch a major inquiry into how nuclear energy could help Italy reach its energy transition goals, a significant step as the country remains the only G7 nation not operating nuclear power stations, having shut down the last plant over 30 years ago.

read more... 08/03/2024

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