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Price tag for new nuclear power in Sweden $38 billion

Sweden's plans to expand nuclear power to help tackle climate change are likely to cost around 400 billion crowns ($38 billion) and should be financed by government loans and price guarantees, a government appointed commission said on Monday.

read more... 13/08/2024

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Ofgem greenlights £3.4bn power cable

Ofgem has given the go ahead for a £3.4 billion power cable project that will connect Scotland and England.

read more... 13/08/2024

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Poland announces new funding for geothermal heating projects

Poland’s National Centre for Research and Development (NCBR) has allocated funding of PLN 400 million (approx. USD 101 million) for geothermal energy, as well as onshore and offshore wind projects. The application period for this funding will be from 16 September to 15 November 2024.

read more... 13/08/2024

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Daily (12.08.2024): Oil prices rose on Friday, amid geopolitical tensions

Oil prices edged 1% higher on Friday, as concerns over Iran's potential retaliation against Israel added upward pressure despite a generally pessimistic outlook for global demand. Thus, Brent crude closed at $79.66 a barrel, while WTI ended at $76.84 a barrel.

read more... 12/08/2024

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China confirms it filed appeal to WTO over EU electric vehicle tariffs

Beijing said on Friday (9 August) it had filed an appeal with the World Trade Organization over the European Union’s imposition, effective on 5 July, of provisional tariffs of up to 38% on imports of electric vehicles from China.

read more... 12/08/2024

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