Norway has big plans to pump waste carbon from oil and gas operations and heavy industry under the seabed of the North Sea to be stored safely underground. It believes this method will be key to decarbonizing its fossil fuel activities in the coming years and supporting a green transition. However, some fear that this process cannot be done safely without risk to the environment. Others believe that carbon capture and storage (CCS) is merely a band-aid on a bullet wound and that countries should be fixing their carbon problem at the source rather than mitigating the effects of fossil fuel production. Nonetheless, so long as the world relies on oil and gas, companies will be looking for ways to produce lower-carbon fossil fuels through innovative methods, such as CCS technology.
read more... 14/03/2024
France will continue its treatment-recycling strategy for used nuclear fuel beyond 2040, with plans to extend the life of existing recycling plants and to launch studies for a new mixed-oxide (MOX) fuel fabrication plant and a new used fuel processing plant, the Minister for the Economy, Finance, Industrial and Digital Sovereignty, Bruno Le Maire, announced on Friday.
read more... 12/03/2024
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
British Gas has unveiled its latest Price Promise tariff, priced at £1660 for the average dual fuel household starting from 1st April, marking a £30 reduction below the Ofgem price cap.
read more... 01/03/2024
Global energy-related emissions of carbon dioxide (CO2) hit a record high last year, driven partly by increased fossil fuel use in countries where droughts hampered hydropower production, International Energy Agency (IEA) said on Friday.
read more... 01/03/2024