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EU to give member states authority to halt Russian gas imports
The European Union is poised to give its member states the power to halt gas imports from Russia and Belarus, the Financial Times reported on Friday.
read more... 11/12/2023
Hungary aims to extend life of Paks nuclear plant by 20 years
The operator of the Paks nuclear power plant in Hungary has notified the European Union of the country's intention to extend the operating lifetime of the four units to 70 years.
read more... 11/12/2023
Daily (08.12.2023): Gas and power forward prices extended gains on Thursday amid stronger demand and supply concerns due to colder weather
On Thursday, oil prices experienced a minor decline as the bearish sentiment persisted, driven by indications of weakened global demand, particularly from China, the largest oil importer globally. Nevertheless, declining U.S. stocks limited losses. Thus, Brent crude settled at $74.05 per barrel, while WTI crude closed at $69.34 per barrel.
read more... 08/12/2023
Nuclear's share of world power output at multi-decade low
Global electricity production from nuclear energy dropped by 4% last year from 2021, with the technology's share of gross electricity generation falling to its lowest since the 1980s, an industry report showed on Wednesday.
read more... 07/12/2023
RWE and Masdar to co-develop giant British offshore wind project
Germany's RWE has signed an agreement with the UAE’s clean energy developer, known as Masdar, to develop a 3 gigawatt (GW) wind project off the coast of Britain, capable of powering around 3 million homes, the companies said on Friday.
read more... 04/12/2023