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Romania signs $2 billion deal to extend life of its first nuclear reactor

Romanian state-owned nuclear power producer Nuclearelectrica has signed the main engineering contract to extend the life of its first reactor at a cost of about 1.9 billion euros ($1.98 billion), it said on Thursday.

read more... 20/12/2024

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Spain's electricity demand edges up as renewables break records

The amount of electricity used in Spain has inched up this year after falling for two consecutive years, with a record 56% coming from renewable sources such as wind and solar, according to estimates on Thursday from grid operator Red Electrica.

read more... 20/12/2024

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EU approves €3 billion German-Dutch RFNBO scheme, hydrogen in focus

The European Commission has approved, under EU State aid rules, a €3 billion German-Dutch scheme to support the production of renewable fuels of non-biological origin (RFNBOs), including renewable hydrogen, throughout the world.

read more... 20/12/2024

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Daily (19.12.2024): British gas prices declined on Wednesday amid stable supply outlook

Oil prices inched up on Wednesday, supported by a surge in diesel demand in the United States. However, the Federal Reserve’s firm stance on interest rates calmed market sentiment. Brent crude gained 0.3%, closing at $73.39 per barrel, while WTI crude rose by 0.7%, settling at $70.58 per barrel.

read more... 19/12/2024

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European Energy wins awards for 52 MW in German wind tender

The German arm of Danish renewables company European Energy A/S said on Wednesday that it has secured contracts for two projects with a combined capacity of 52 MW in Germany’s latest onshore wind tender.

read more... 19/12/2024

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