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UK electricity market sets CAP below £100/MWh for first time since 2021

The Credit Assessment Price will fall to £85/MWh in response to stabilising wholesale prices

read more... 29/05/2023

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Engie, Amazon inaugurate Italy's biggest agrivoltaic farm

France's Engie and Amazon on Friday officially opened Italy's biggest agrivoltaic farm to supply green energy to the Italian unit of the e-commerce giant.

read more... 29/05/2023

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Regulators support international collaboration on SMR technology

Members of the International Nuclear Regulators' Association (INRA) have released a joint statement affirming their commitment to work together on generic design assessment and licensing of small modular reactor (SMR) technologies.

read more... 29/05/2023

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Daily (26.05.2023): An overall bearish energy complex on Thursday

Crude oil prices fell sharply on Thursday, dampened by statements from Russia's Deputy Prime Minister for Energy, who rejected a further production cut at the end of the next OPEC+ meeting. Remaining fears over the possibility of a US debt ceiling default have put further pressure on prices. Hence, Brent crude posted a 2.7% decline at $76.26 a barrel. Meanwhile, WTI crude plunged by more than 3% to close at $71.83 a barrel.

read more... 26/05/2023

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EU Commission asks Bulgaria to cut energy subsidies, reduce consumption

The European Commission has asked Bulgaria to suspend the current scheme of state subsidies for the private sector to reduce the budget deficit and implement measures to reduce electricity consumption.

read more... 26/05/2023

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