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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
Daily (29.04.2024): European carbon prices declined on Friday, dampened by bearish gas prices and profit-taking
Oil prices rose for a second consecutive session on Friday, driven by traders hedging their positions in anticipation of potential geopolitical events in the Middle East over the weekend. As a result, Brent crude increased by 0.5% to close at $89.5 per barrel, and WTI crude edged 0.3% up to settle at $83.85 per barrel.
read more... 29/04/2024
Italy sees role for nuclear energy to meet green goals
Italy sees a role for nuclear energy, alongside renewable energy sources, to meet the country's net zero emission target by 2050, Energy Minister Gilberto Pichetto Fratin said on Sunday.
read more... 29/04/2024