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SMRs alliance unveils their roadmap up to early 2025

The SMR Industrial Alliance used their General Assembly last week to define a work plan for the rest of 2024, establishing eight working groups to deliver on their objectives.

read more... 06/06/2024

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Daily (05.06.2024): European carbon prices declined by 3% on Tuesday amid bearish gas prices

Oil prices extended losses on Tuesday, with the market remaining tense over the prospect of a gradual increase in OPEC+ production this autumn. As a result, Brent crude settled at $77.56 per barrel, while WTI crude stood at 73.25 per barrel, with both contracts falling by over 1% day-on-day.

read more... 05/06/2024

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EC approves Italy's plan to aid 4.6 GW of new renewables

Italy has received the approval of the European Commission (EC) for a state aid measure that will support the addition of 4,590 MW of new renewable power generation capacity.

read more... 05/06/2024

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Volvo to issue world's first EV battery passport ahead of EU rules

Volvo Cars is launching the world's first EV battery passport recording the origins of raw materials, components, recycled content and carbon footprint for its flagship EX90 SUV, which is about to start production, the Swedish automaker told Reuters.

read more... 05/06/2024

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EU clears 1.75 billion euro compensation for eastern German coal exit

Germany's economy ministry said it won the European Commission's clearance in principle to compensate power company LEAG with up to 1.75 billion euros ($1.90 billion) for exiting coal by 2038, part of Berlin's efforts to speed up decarbonisation.

read more... 05/06/2024

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