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Britain opens small nuclear reactor competition, launches new nuclear body
Britain on Tuesday opened a competition to develop small modular nuclear reactors (SMRs), such as those being developed by Rolls-Royce, as it launched its new Great British Nuclear body designed to help drive the expansion of projects in the country.
read more... 18/07/2023
Daily (17.07.2023): Oil prices retreated by about 2% on Friday, driven by profit-taking
Oil prices retreated by about 2% on Friday, driven by profit-taking at the end of a week in which prices recovered, supported by good inflation news. Thus, WTI crude traded about 2% lower at $75.42 a barrel, while Brent crude dropped by 1.8% to settle at $79.87 a barrel.
read more... 17/07/2023
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Nordic system price settles negative for 1st time
The Nordic system price for Sunday settled negative for the first time at EUR -1.95/MWh amid strong wind power generation.
read more... 17/07/2023
Ireland launches MARA to regulate development in maritime area
The Irish Government has launched the Maritime Area Regulatory Authority (MARA), a new state agency, to oversee the country’s maritime area including offshore energy projects.
read more... 17/07/2023
Wind and solar to produce over a third of global power by 2030
Wind and solar projects are on track to account for more than a third of the world's electricity by 2030, signalling that the energy sector can achieve the change needed to meet global climate goals, a report by the Rocky Mountain Institute (RMI) said on Thursday.
read more... 17/07/2023