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EU draft shows plan for more fixed-price electricity contracts
The European Union wants to expand the use of contracts that pay power plants a fixed price for electricity, a draft proposal showed, to shield European consumers from big price swings.
read more... 08/03/2023
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France's nuclear watchdog says corrosion crack flagged by EDF at Penly 1 reactor
France's state-controlled nuclear energy operator EDF has detected a new crack located at its Penly 1 reactor in its latest update on stress corrosion issues, France's ANS nuclear safety watchdog said on Tuesday, adding it had asked the company to "revise its strategy" for repairing its plants.
read more... 08/03/2023
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Britain uses coal-power back up for the first time with supply tight
Britain's National Grid called on reserve coal-power units for the first time to provide electricity during a period of expected tight supplies on Tuesday as a cold snap sweeps the country.
read more... 08/03/2023
Daily (07.03.2023): British near-term gas prices fell on Monday due to strong supply.
Oil prices had a bullish evolution on Monday on supply concerns due to weaker Russian deliveries. Consequently, Brent crude increased by 0.4% to $86.18 a barrel and WTI oil closed almost 1% higher at $80.46 a barrel.
read more... 07/03/2023
Brussels targets 40% of clean tech manufacturing in Europe by 2030
The European Commission is drafting a new target to have at least 40% of clean technologies manufactured in the EU by 2030 as part of a drive to meet its climate goals and strengthen energy independence. Eligible technologies include renewables, nuclear power and carbon capture and storage, among others.
read more... 07/03/2023