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Daily (17.01.2022): Energy prices increased on Friday, supported by cold weather outlooks and news on EDF plans to curb the French nuclear output
Crude oil prices were bullish on Friday, reaching their highest in two and a half months, amid data showing that the production of black gold from OPEC+ may struggle to meet a rise in demand. As such, both Brent oil and WTI crude settled around 2% higher at $86.06 a barrel and $83.82 a barrel, respectively.
read more... 17/01/2022
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EDF announces new delay and higher costs for Flamanville 3 reactor
France's Flamanville 3 reactor will cost 300 million euros more than forecast and fuel loading is being pushed back by up to six months, EDF said on Wednesday, in the latest setback for a project already running more than a decade late.
read more... 13/01/2022
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EDF Renewables UK partners with DP Energy to deliver up to 1 GW ‘Gwynt Glas’ floating offshore wind project in the Celtic Sea
EDF Renewables, one of the UK’s leading renewable energy companies, is announcing a joint venture partnership with international renewable project developer DP Energy, to generate up to 1GW of low carbon green energy in the Celtic Sea. The project is likely to span English and Welsh waters.
read more... 12/01/2022
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British nuclear plant Hunterston B to close after 46 years
Utility firm EDF has announced that it will be winding down operations at Hunterston B, one of the UK’s most productive nuclear power stations, after cracks were found in the core of its reactors.
read more... 10/01/2022
JPMorgan to supply UK ops with 100% renewable power from EDF
US investment bank JPMorgan Chase & Co (NYSE:JPM) will procure 100% renewable electricity for its UK offices under a deal with EDF Energy.
read more... 11/11/2021