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Poland plans to set end date for coal power
Poland plans to set an end date for coal-fuelled power, the country's Secretary of State for Climate Urszula Zielinska said on Monday, marking a shift from the previous government's stance on climate change.
read more... 16/01/2024
Britain to invest 300 million pounds in next-generation nuclear fuel programme
Britain said it plans to spend 300 million pounds ($380 million) on a new programme to produce advanced nuclear fuel suitable for the next generation of power-generating reactors, seeking to dislodge Russia as the main international supplier.
read more... 08/01/2024
UK fossil fuel use drops to lowest level since 1957
A new report has revealed that UK electricity generation from fossil fuels has fallen to the lowest level since 1957. Analysis from Carbon Brief, published on 3 January, shows a 22% year-on-year drop in fossil fuel usage in 2023, meaning fossil fuels account for just 33% of the UK’s energy mix.
read more... 04/01/2024
Daily (27.12.2023): European spot electricity prices rocketed amid weaker wind generation
Crude oil prices surged more than 2% on Tuesday, hitting their monthly peak. The increase was due to fears of shipping disruptions following further Red Sea ship attacks and hopes of interest rate cuts boosting economic growth and fuel demand. Hence, Brent crude traded at $81.07 a barrel, while WTI crude traded at $75.57 a barrel.
read more... 27/12/2023
Price cap predicted to drop by 14% in April 2024
Forecasts for the April 2024 default tariff cap suggest a 14% decrease, projecting an annual cost of £1,660 for a typical dual fuel consumer
read more... 22/12/2023