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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
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Crown Estate sets out details for 4.5GW of new floating wind farms
The Crown Estate has set out further details of a new leasing round for three commercial-scale floating wind farms in the Celtic Sea.
read more... 08/12/2023
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Poland approves construction of SMR nuclear units at six sites
Poland has given the green light for the construction of 24 new small modular reactor (SMR) units across six sites, executives of the company that will build the nuclear facilities said on Thursday, as Warsaw looks to reduce its use of fossil fuels.
read more... 08/12/2023
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Germany's budget crisis leaves struggling solar industry in limbo
Germany's budget crisis is threatening planned government support for its domestic solar manufacturers, in what could prove to be the death knell for an industry that was once world-leading but got undercut by cheaper Chinese imports.
read more... 08/12/2023