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Almost 1GW of UK power generation gets fast-track connection to the grid
UK Power Networks Distribution System Operator (UKPN DSO) has launched a new scheme to allow almost 1GW of new power generation projects to receive fast-track connection to the UK grid.
read more... 02/05/2024
Daily (30.04.2024): Crude oil prices fell by 1% on Monday amid renewed hopes of a truce in Gaza
Oil prices declined on Monday, influenced by easing geopolitical tensions amid renewed optimism for a ceasefire in the Gaza Strip, potentially tied to potential hostage releases. Hence, Brent crude decreased by 1%, reaching $88.4 per barrel, and WTI crude similarly dropped by 1%, to settle at $82.63 per barrel.
read more... 30/04/2024
G7 discussing 2035 end date for coal-fired power plants
Energy ministers from the Group of Seven wealthy countries meeting in Italy are discussing setting a common target date of 2035 to shut down their coal-powered power plants, a source close to the matter told Reuters on Monday.
read more... 30/04/2024
Nuclear: €300 million state aid for French small modular reactors
The European Commission has approved a €300 million state aid grant for Nuward, a French developer of small modular nuclear reactors (SMR), to test its technology with more support expected before the project starts in 2030.
read more... 30/04/2024
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Italy’s high gas reliance stalls renewables growth
As the EU’s largest producer of gas-fired power generation, Italy’s gas usage in its power generation mix is about 50%, nearly three times the EU average, the think tank said in a report.
read more... 30/04/2024