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Equinor inaugurates world's largest floating wind power farm in Norway
Norwegian energy firm Equinor and its partners will inaugurate the world's largest floating offshore wind power farm on Wednesday, whose output will supply nearby oil and gas platforms and cut their greenhouse gas emissions
read more... 23/08/2023
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French nuclear watchdog ASN issues first lifespan extension to 40-year-old reactor
French nuclear watchdog ASN issued a decision allowing for the continued operation of state-owned utility EDF's Tricastin 1 nuclear reactor in southern France, the first lifetime extension granted to a French reactor after 40 years of operation.
read more... 23/08/2023
Denmark plans to allocate 26.8 bln crowns for new CO2 capture and storage tenders
Denmark plans to allocate 26.8 billion Danish crowns ($3.9 billion) in state aid over 15 years for projects to capture and store 2.3 million metric tons of carbon dioxide (CO2) emissions per year, the climate and energy ministry said on Monday.
read more... 23/08/2023
Daily (22.08.2023): French spot power surged dramatically by about 74% amid nuclear capacity cuts due to heatwave
Crude oil prices notched a small decrease on Monday despite lower-than-expected exports from Saudi Arabia and Russia. Additionally, global economic concerns weighed on prices. Thus, Brent crude edged 0.4% lower at $84.46 a barrel. Meanwhile, U.S. WTI crude fell by 0.7% to settle at $80.72 a barrel.
read more... 22/08/2023
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China's installed solar power capacity up 42.9% YoY in 2023
China has reported a substantial rise in newly installed clean energy capacity in the initial seven months of 2023, as per the National Energy Administration (NEA). The new installed solar power capacity soared 42.9 per cent year-on-year (YoY) to 490 million kilowatts (kW), while wind power stood at approximately 390 million kW, marking an annual increase of 14.3 per cent.
read more... 22/08/2023