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EU moving to develop infrastructure for nuclear energy expansion
Europe now has the political will to develop nuclear power infrastructure after years of favoring renewable energy investments, government and industry officials said during an industry conference in Brussels Dec. 17.
read more... 27/12/2024
Eni Launches Supercomputer to Improve Oil and Gas Exploration
Italy’s supermajor Eni has launched the world’s most powerful supercomputer outside the United States in a bid to boost its oil and gas exploration results, the Financial Times reported, adding that the company will also use the supercomputer “to perform calculations to advance clean energy.”
read more... 27/12/2024
2024 Has Been a Transformational Year for the U.K.’s Energy Sector
It has been a landmark year for the U.K.’s energy sector, as the change in government has meant a significant shift in energy policy. The U.K. has lagged behind the U.S. and EU in recent years in terms of its green transition. Under the former Conservative government, the country approved new oil and gas licences in the North Sea and rolled back plans for large-scale wind energy projects and other renewable energy and nuclear power developments. Since the Labour Party won the July general election, the government has announced several new initiatives aimed at advancing the U.K.’s green transition, as well as launched a new state energy company.
read more... 27/12/2024
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Finland investigates outage of undersea power link to Estonia
Finland's Prime Minister Petteri Orpo said on Wednesday authorities in his country were investigating an undersea power cable outage on a line connecting Finland and Estonia.
read more... 26/12/2024
China accounted for 80% of global EV sales growth in 2024
China accounted for nearly 80% of Electronic Vehicle growth globally, with EV sales jumping from over 3 million in the first half of 2023 to more than 4 million during the same period in 2024, according to a report by the International Energy Agency (IEA).
read more... 26/12/2024