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UK nuclear fusion reactor sets new world record for energy output

The UK’s JET machine, one of the world’s biggest and most powerful fusion reactors, achieved a new record for energy output on Thursday during its last run before being permanently shut down.

read more... 12/02/2024

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Daily (08.02.2024): Gas and power forward prices declined on Wednesday amid a comfortable supply outlook

Oil prices extended gains on Wednesday, in a market that saw no improvement in the situation in the Middle East. Despite a sharp build in US crude oil inventories, Brent crude settled at $79.21 while WTI crude stood at $73.86 per barrel, with both contracts posting a 1% increase.

read more... 08/02/2024

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EU agrees law to boost Green industry at home

The European Parliament and national governments have agreed to boost domestic production of green technologies, such as solar modules and wind turbines, expanding the list to include nuclear power but shying away from excluding Chinese manufacturers for most public subsidies

read more... 07/02/2024

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Wind power outpaced gas plants in Europe for the first time in 2023

Wind power production outpaced gas plants in Europe for the first time last year as fossil fuel electricity generation plummeted, cutting the region's carbon emissions, data from think-tank Ember showed.

read more... 07/02/2024

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Germany outlines $17 bln plan to subsidise gas-to-hydrogen shift

Germany's government has agreed plans to subsidise gas power plants that can switch to hydrogen, the economy ministry said on Monday, with a price tag of $17 billion in subsidies as part of efforts to supplement intermittent renewable energy and speed up the transition to low carbon generation.

read more... 06/02/2024

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