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EU nuclear club’s projects could reach 150 GW by 2050

Nuclear power could reach up to 150 GW of capacity by 2050, against 100 GW currently, France’s energy minister wrote in a statement on Tuesday following a meeting of the new European nuclear alliance.

read more... 17/05/2023

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Daily (16.05.2023): European Cal24 power prices fell on Monday amid an overall bearish energy complex

Crude oil prices rebounded on Monday as tightening supplies offset concerns over the US economy, including the standoff on the looming debt-ceiling deadline. Hence, Brent crude rose by $1.06, or 1.4% to settle at $75.23 a barrel. U.S. WTI crude settled at $71.11 a barrel, up $1.07, or 1.5%.

read more... 16/05/2023

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EU lawmakers consider profit cap in case energy prices resurge

Lawmakers in the European Parliament will consider a proposal to cap power plants' windfall revenues if Europe faces another energy price crisis and use the cash to cushion citizens from soaring bills.

read more... 16/05/2023

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Norway postpones controversial onshore wind power tax

The Norwegian government said on Thursday it was postponing plans to introduce additional taxes for onshore wind power operators by a year to 2024 amid industry concern it may derail renewable energy expansion.

read more... 12/05/2023

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1.6 million UK homes joined scheme to cut winter power demand

Some 1.6 million British homes signed up to a scheme paying them to cut electricity use to help prevent power shortages last winter, saving over 3,300 megawatt hours (MWh) of electricity, National Grid said on Wednesday.

read more... 12/05/2023

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