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French power tariffs could rise by 10% in early 2024

French electricity tariffs could rise by up to 10% in early 2024, the country's energy regulator said on Thursday, while cautioning it was too early to say exactly how much inflation-hit consumers will have to pay to keep the lights on next year.

read more... 15/09/2023

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More funding to progress UK nuclear-generated hydrogen project

An EDF-led consortium has been awarded UK government funding to further develop plans to use heat and electricity from Heysham 2 to create hydrogen for use in the production of asphalt and cement. Earlier this year, a feasibility study demonstrated the significant benefit the project would bring in proving how nuclear could power hydrogen electrolysis.

read more... 15/09/2023

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UK-Germany energy link on track as construction advances

Construction is well underway on the £2.4 billion NeuConnect project, a pivotal energy link set to connect the UK and Germany.

read more... 15/09/2023

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Daily (14.09.2023): British gas prices soared on Wednesday amid escalating LNG strikes in Australia

On Wednesday, crude oil prices edged lower due to stronger US crude inventories. Hence, Brent crude slipped by 0.2% to $91.88 a barrel, while WTI crude declined by 0.4% to $88.52 a barrel.

read more... 14/09/2023

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EU's von der Leyen pledges more support for wind industry

The European Union will put forward a package of measures to support its wind power industry as renewable energy companies struggle with challenges including inflation, European Commission President Ursula von der Leyen said on Wednesday.

read more... 14/09/2023

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