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EDF secures 'green' financing for extended operation of reactors
French utility EDF has signed green bank loans for a total amount of about EUR5.8 billion (USD6.3 billion), which will be used to finance the life extension of its existing nuclear power plant fleet in France.
read more... 14/05/2024
New EU scheme could hike petrol, gas prices higher than expected
The EU’s new carbon pricing scheme for road and heating fuels (ETS2) – set to be introduced across the bloc in 2027 – could lead to higher price hikes than initially thought, key lawmakers told Euractiv.
read more... 14/05/2024
Daily (13.05.2024 ) : EUAs retreated from a 4-month high, exerting pressure on the entire energy complex
Oil prices retreated on Friday, on the back of ongoing peace talks in the Middle East region, despite positive economic data from China. Hence, Brent crude slightly decreased to $82.79 per barrel, and WTI crude fell to $78.26 per barrel.
read more... 13/05/2024
French nuclear safety authority greenlights commissioning of Flamanville power plant
After a 12-year construction delay, France’s first ‘EPR’ power plant has been approved for operation by the French nuclear safety authority (ASN). The decision will enable project owner EDF to begin loading nuclear fuel into the reactor, to produce 1,600 megawatts by the end of 2024.
read more... 13/05/2024
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Germany-UK energy link moves into next stage
The NeuConnect project, aimed at establishing an energy link between the UK and Germany, has progressed to its next construction phase.
read more... 13/05/2024